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, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...


Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable. Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...


Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...


Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...


Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...


   1279 1280 1281 1282 1283   
Showing 6401 to 6405 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 ...

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