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, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...


Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...


Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years Live Mint reported that, Essar Shipping ...


Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...


Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


   1271 1272 1273 1274 1275   
Showing 6361 to 6365 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 ...

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