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, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...


Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...


Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...


Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...


Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...


   1262 1263 1264 1265 1266   
Showing 6316 to 6320 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 ...

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