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

Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...


Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...


Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...


Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes * S.Korea imports zero * Hong Kong utilites buy S.African coal South African coal exports to Asia excluding India a ...


Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...


   1311 1312 1313 1314 1315   
Showing 6561 to 6565 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 ...

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