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, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net pr ...


Tuesday, 28 July 09
NEWCASTLE LOADED 1.943 MILLION TONS OF COAL IN THE WEEK ENDED 27TH JULY 2009
COALspot.com (Singapore) : The volume exported from  Australia’s Newcastle port in the week ended  - 07:00 hours  27 July 2009 ...


Monday, 27 July 09
INDIA PAYING HIGHEST PRICE FOR S.AFRICA COAL - PRODUCERS
* Spread between South African and Pacific origin coal very wide * Lack of European buying makes India indicator of value Reuters reported that, ...


Monday, 27 July 09
TAIWAN'S FORMOSA EYES S.AFRICAN COAL FOR Q4: TRADE
Reuters reported that, Taiwan's Formosa Plastics Group is looking to buy two South African thermal coal cargoes for delivery in the fourth-quarter, ...


Monday, 27 July 09
ADANI POWER'S $625 MILLION IPO TO GENERATE HOT DEMAND
  WSJ reported that, Adani Power, the electricity generating unit of India's Adani Enterprises Ltd., is set raise up to US$625 million in wha ...


   1309 1310 1311 1312 1313   
Showing 6551 to 6555 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 ...

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