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, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal * Chinese owner must list the assets on Australian exchange Reuters reported that, ...


Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...


Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said. The proposed Balaclava ...


Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...


Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much. The upward re ...


   1261 1262 1263 1264 1265   
Showing 6311 to 6315 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 ...

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