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

Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 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 ...

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