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, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...


Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...


Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...


Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain * Older coal loading facility seem unaffected so far * UBS may cut valuation if disruption ...


Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...


   1270 1271 1272 1273 1274   
Showing 6356 to 6360 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 ...

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