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, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of ...


Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months * Sees coal output jumping to 20 mln tonnes in five years Reuters reported that,  PTT , ...


Wednesday, 18 November 09
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT
“Building Asia’s Infrastructure” COALspot.com (Indonesia) Press Release: Infrastructure Asia 2010 is Asia’s premier infra ...


Wednesday, 18 November 09
AMBUJA COAL TENDER PRICES EQUATE TO $61.50/T FOB
Reuters reported that, coal prices achieved by Indian cement maker Gujarat Ambuja in its early November tender equate to $61.50 a tonne FOB Richards ...


Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...


   1247 1248 1249 1250 1251   
Showing 6241 to 6245 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 ...

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