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

Friday, 04 December 09
JSW ENERGY TO BUY OUT PARENT FIRM'S COAL BLOCK
JSW Energy plans to buy the stake held by JSW Steel in a thermal coal block in Mozambique in an attempt to become an integrated energy company with ...


Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
* Japan's demand seen steady in 2010 at 110 mln tonnes * India's demand seen as robust, at 70 mln tonnes Reuters reported that, Thermal coal i ...


Thursday, 03 December 09
INDONESIA MAY ALLOW COAL SALES BELOW GOVT PRICE
Reuters reported that, Indonesia is considering giving producers some flexibility to sell coal below the government's monthly benchmark price to co ...


Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and ...


Thursday, 03 December 09
COAL INDIA IPO LIKELY TO HIT MARKETS BY NOVEMBER 2010
Soon investors will get to own a slice of India's largest coal mining company. Coal India its initial public offering will hit markets in November ...


   1240 1241 1242 1243 1244   
Showing 6206 to 6210 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 ...

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