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

Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...


Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...


Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...


Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...


Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC. "Earlier, ther ...


   1231 1232 1233 1234 1235   
Showing 6161 to 6165 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 ...

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