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

Tuesday, 01 September 09
GLOBAL COAL PRICES UNDER PRESSURE AS CHINESE PROVINCE RETURNS TO THE PRODUCTION FRAY - REUTERS
China is set to return to role of coal exporter as the deadline for thousands of small coal mines in its Shanxi province to reopen after being shut ...


Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per yea ...


Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finish ...


Tuesday, 01 September 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 23%, SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 23 percent ...


Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...


   1290 1291 1292 1293 1294   
Showing 6456 to 6460 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 ...

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