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, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...


Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58 * Initially about 5 mln T offered for tender Reuters reported that,  Korea South ...


Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...


Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...


Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...


   1283 1284 1285 1286 1287   
Showing 6421 to 6425 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 ...

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