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 : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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