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

Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...


Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...


Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...


Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...


Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...


   1276 1277 1278 1279 1280   
Showing 6386 to 6390 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 ...

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