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, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
* First coal from Mooiplaats mined and sold * Talks with Transnet on rail PPP on track Reuters reported that, Coal of Africa (CoAL) said on Mond ...


Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...


Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...


Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...


Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...


   1257 1258 1259 1260 1261   
Showing 6291 to 6295 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 ...

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