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

Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...


Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...


Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...


Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...


Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...


   1238 1239 1240 1241 1242   
Showing 6196 to 6200 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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