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

Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November. After a sedate year, rising coal prices could hit the coffers of import-based d ...


Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...


Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...


Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...


Monday, 07 December 09
VEDANTA RESOURCES ISSUES TENDER TO IMPORT 2.25 MILLION COAL
COALspot.com (India): Vedanta Resources plc is a London stock exchange listed FTSE 100 diversified metals and mining major with revenues in excess o ...


   1237 1238 1239 1240 1241   
Showing 6191 to 6195 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 ...

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