COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...


Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...


Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify. ANZ senior commodities analyst Mark Pervan has increased h ...


Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...


Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...


   1218 1219 1220 1221 1222   
Showing 6096 to 6100 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • San Jose City I Power Corp, Philippines
  • EIA - United States
  • Port Waratah Coal Services - Australia
  • TGV SRAAC LIMITED, India
  • EMO - The Netherlands
  • International Coal Ventures Pvt Ltd - India
  • Cebu Energy, Philippines
  • Geoservices-GeoAssay Lab
  • Jorong Barutama Greston.PT - Indonesia
  • Merrill Lynch Commodities Europe
  • Economic Council, Georgia
  • The India Cements Ltd
  • Glencore India Pvt. Ltd
  • The Treasury - Australian Government
  • Thomson Reuters GRC
  • Essar Steel Hazira Ltd - India
  • SGS (Thailand) Limited
  • KPCL - India
  • Maersk Broker
  • AsiaOL BioFuels Corp., Philippines
  • TRAFIGURA, South Korea
  • Cement Manufacturers Association - India
  • Runge Indonesia
  • IHS Mccloskey Coal Group - USA
  • Idemitsu - Japan
  • Posco Energy - South Korea
  • CoalTek, United States
  • Jatenergy - Australia
  • Toyota Tsusho Corporation, Japan
  • KEPCO - South Korea
  • McKinsey & Co - India
  • Permata Bank - Indonesia
  • Parry Sugars Refinery, India
  • Clarksons - UK
  • Petrosea - Indonesia
  • ICICI Bank Limited - India
  • Kideco Jaya Agung - Indonesia
  • Mintek Dendrill Indonesia
  • Kobexindo Tractors - Indoneisa
  • Tata Power - India
  • Tanito Harum - Indonesia
  • Kaltim Prima Coal - Indonesia
  • LBH Netherlands Bv - Netherlands
  • HSBC - Hong Kong
  • Platts
  • Bharathi Cement Corporation - India
  • Jaiprakash Power Ventures ltd
  • WorleyParsons
  • Madhucon Powers Ltd - India
  • Coaltrans Conferences
  • Barclays Capital - USA
  • SUEK AG - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Gresik Semen - Indonesia
  • Simpson Spence & Young - Indonesia
  • Sindya Power Generating Company Private Ltd
  • World Coal - UK
  • Kobe Steel Ltd - Japan
  • PLN - Indonesia
  • Cemex - Philippines
  • Timah Investasi Mineral - Indoneisa
  • TANGEDCO India
  • Karbindo Abesyapradhi - Indoneisa
  • Ernst & Young Pvt. Ltd.
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Planning Commission, India
  • Borneo Indobara - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Arch Coal - USA
  • Thai Mozambique Logistica
  • Sucofindo - Indonesia
  • Eastern Energy - Thailand
  • Grasim Industreis Ltd - India
  • Banpu Public Company Limited - Thailand
  • Neyveli Lignite Corporation Ltd, - India
  • Formosa Plastics Group - Taiwan
  • PetroVietnam Power Coal Import and Supply Company
  • TeaM Sual Corporation - Philippines
  • Minerals Council of Australia
  • Central Java Power - Indonesia
  • Panama Canal Authority
  • Platou - Singapore
  • Mercator Lines Limited - India
  • New Zealand Coal & Carbon
  • Indian Oil Corporation Limited
  • Metalloyd Limited - United Kingdom
  • GNFC Limited - India
  • Aboitiz Power Corporation - Philippines
  • TNPL - India
  • Infraline Energy - India
  • ACC Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Kapuas Tunggal Persada - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • IMC Shipping - Singapore
  • Barasentosa Lestari - Indonesia
  • Reliance Power - India
  • Mjunction Services Limited - India
  • Qatrana Cement - Jordan
  • Makarim & Taira - Indonesia
  • Agrawal Coal Company - India
  • Pendopo Energi Batubara - Indonesia
  • Samsung - South Korea
  • Electricity Generating Authority of Thailand
  • Gujarat Electricity Regulatory Commission - India
  • Adaro Indonesia
  • PLN Batubara - Indonesia
  • GHCL Limited - India
  • Anglo American - United Kingdom
  • JPower - Japan
  • Malabar Cements Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Thiess Contractors Indonesia
  • Bhoruka Overseas - Indonesia
  • Bank of China, Malaysia
  • Indian School of Mines
  • Mechel - Russia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • APGENCO India
  • Shenhua Group - China
  • Sical Logistics Limited - India
  • Semirara Mining Corp, Philippines
  • Global Business Power Corporation, Philippines
  • NTPC Limited - India
  • Sree Jayajothi Cements Limited - India
  • Orica Mining Services - Indonesia
  • Bhushan Steel Limited - India
  • CIMB Investment Bank - Malaysia
  • Marubeni Corporation - India
  • Japan Coal Energy Center
  • Deloitte Consulting - India
  • Altura Mining Limited, Indonesia
  • Meralco Power Generation, Philippines
  • Uttam Galva Steels Limited - India
  • Australian Coal Association
  • Dalmia Cement Bharat India
  • Goldman Sachs - Singapore
  • Xstrata Coal
  • Oldendorff Carriers - Singapore
  • Bulk Trading Sa - Switzerland
  • Independent Power Producers Association of India
  • CNBM International Corporation - China
  • Maruti Cements - India
  • Carbofer General Trading SA - India
  • bp singapore
  • Noble Europe Ltd - UK
  • Total Coal South Africa
  • GB Group - China
  • SMC Global Power, Philippines
  • White Energy Company Limited
  • Bukit Makmur.PT - Indonesia
  • Inspectorate - India
  • Maybank - Singapore
  • Iligan Light & Power Inc, Philippines
  • NALCO India
  • Star Paper Mills Limited - India
  • Commonwealth Bank - Australia
  • ETA - Dubai
  • Ministry of Transport, Egypt
  • Leighton Contractors Pty Ltd - Australia
  • BRS Brokers - Singapore
  • Siam City Cement PLC, Thailand
  • Sojitz Corporation - Japan
  • Thermax Limited - India
  • KOWEPO - South Korea
  • Wood Mackenzie - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • IBC Asia (S) Pte Ltd
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Pinang Coal Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Attock Cement Pakistan Limited
  • Manunggal Multi Energi - Indonesia
  • SRK Consulting
  • OCBC - Singapore
  • Lanco Infratech Ltd - India
  • Coeclerici Indonesia
  • Chettinad Cement Corporation Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Orica Australia Pty. Ltd.
  • Siam City Cement - Thailand
  • Indonesian Coal Mining Association
  • Coal Orbis AG
  • Price Waterhouse Coopers - Russia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Videocon Industries ltd - India
  • Vizag Seaport Private Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Romanian Commodities Exchange
  • Riau Bara Harum - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Thriveni
  • Mercuria Energy - Indonesia
  • Mitra SK Pvt Ltd - India
  • Asia Cement - Taiwan
  • India Bulls Power Limited - India
  • Savvy Resources Ltd - HongKong
  • GN Power Mariveles Coal Plant, Philippines
  • PTC India Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Chamber of Mines of South Africa
  • Jindal Steel & Power Ltd - India
  • Coal India Limited
  • Indian Energy Exchange, India
  • Indika Energy - Indonesia
  • Asian Development Bank
  • Energy Link Ltd, New Zealand
  • Lafarge - France
  • Russian Coal LLC
  • Ministry of Finance - Indonesia
  • McConnell Dowell - Australia
  • Sinarmas Energy and Mining - Indonesia
  • Ministry of Mines - Canada
  • Coalindo Energy - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bahari Cakrawala Sebuku - Indonesia
  • MS Steel International - UAE
  • Australian Commodity Traders Exchange
  • Holcim Trading Pte Ltd - Singapore
  • Tata Chemicals Ltd - India
  • Baramulti Group, Indonesia
  • Binh Thuan Hamico - Vietnam
  • Directorate Of Revenue Intelligence - India
  • CESC Limited - India
  • Berau Coal - Indonesia
  • IEA Clean Coal Centre - UK
  • Bukit Asam (Persero) Tbk - Indonesia
  • Electricity Authority, New Zealand
  • PetroVietnam
  • Energy Development Corp, Philippines
  • South Luzon Thermal Energy Corporation
  • GVK Power & Infra Limited - India
  • Sakthi Sugars Limited - India
  • Moodys - Singapore
  • Renaissance Capital - South Africa
  • Freeport Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Xindia Steels Limited - India
  • PowerSource Philippines DevCo
  • Coastal Gujarat Power Limited - India
  • Malco - India
  • GAC Shipping (India) Pvt Ltd
  • Rio Tinto Coal - Australia
  • Bayan Resources Tbk. - Indonesia
  • CCIC - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Meenaskhi Energy Private Limited - India
  • Eastern Coal Council - USA
  • Vale Mozambique
  • Cardiff University - UK
  • DBS Bank - Singapore
  • Mitsubishi Corporation
  • Larsen & Toubro Limited - India
  • Georgia Ports Authority, United States
  • Trasteel International SA, Italy
  • Fearnleys - India
  • MEC Coal - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Interocean Group of Companies - India
  • Shree Cement - India
  • Bhatia International Limited - India
  • Arutmin Indonesia
  • Core Mineral Indonesia
  • Samtan Co., Ltd - South Korea
  • globalCOAL - UK
  • Kohat Cement Company Ltd. - Pakistan
  • Coal and Oil Company - UAE
  • J M Baxi & Co - India
  • Bangkok Bank PCL
  • Vijayanagar Sugar Pvt Ltd - India
  • Deutsche Bank - India
  • Kalimantan Lumbung Energi - Indonesia
  • Humpuss - Indonesia
  • Indorama - Singapore
  • Singapore Mercantile Exchange
  • Intertek Mineral Services - Indonesia
  • Power Finance Corporation Ltd., India
  • Argus Media - Singapore
  • SMG Consultants - Indonesia
  • Sarangani Energy Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Bangladesh Power Developement Board
  • Tamil Nadu electricity Board
  • Ince & co LLP
  • IOL Indonesia
  • Britmindo - Indonesia
  • VISA Power Limited - India
  • Africa Commodities Group - South Africa
  • Rudhra Energy - India
  • World Bank
  • Wilmar Investment Holdings
  • Parliament of New Zealand
  • Globalindo Alam Lestari - Indonesia
  • Adani Power Ltd - India
  • Antam Resourcindo - Indonesia
  • Merrill Lynch Bank
  • BNP Paribas - Singapore
  • Heidelberg Cement - Germany
  • SASOL - South Africa
  • Bukit Baiduri Energy - Indonesia
  • Surastha Cement
  • Kumho Petrochemical, South Korea
  • U S Energy Resources
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • RBS Sempra - UK
  • London Commodity Brokers - England
  • Cargill India Pvt Ltd
  • Gupta Coal India Ltd
  • Medco Energi Mining Internasional
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • JPMorgan - India
  • Latin American Coal - Colombia
  • Enel Italy
  • UBS Singapore
  • Salva Resources Pvt Ltd - India
  • Thailand Anthracite
  • ING Bank NV - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Mitsui
  • Peabody Energy - USA
  • Petron Corporation, Philippines
  • Indogreen Group - Indonesia
  • ASAPP Information Group - India
  • Gujarat Sidhee Cement - India
  • Cosco
  • Kartika Selabumi Mining - Indonesia
  • UOB Asia (HK) Ltd
  • Semirara Mining and Power Corporation, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Inco-Indonesia
  • Vedanta Resources Plc - India
  • KPMG - USA
  • Aditya Birla Group - India
  • Asmin Koalindo Tuhup - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Central Electricity Authority - India
  • Vitol - Bahrain
  • Bank of America
  • GMR Energy Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • ANZ Bank - Australia
  • Ambuja Cements Ltd - India
  • Edison Trading Spa - Italy
  • Standard Chartered Bank - UAE
  • Therma Luzon, Inc, Philippines
  • The University of Queensland
  • Indonesia Power. PT
  • Global Coal Blending Company Limited - Australia
  • Credit Suisse - India
  • Karaikal Port Pvt Ltd - India