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, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal State-owned trading firm MMTC Ltd has scrapped its controversi ...


Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...


Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...


Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...


Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...


   1297 1298 1299 1300 1301   
Showing 6491 to 6495 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 ...

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