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, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...


Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...


Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...


Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...


Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement * MMTC says import delays could add to power shortages Alibaba reported that,  India's s ...


   1319 1320 1321 1322 1323   
Showing 6601 to 6605 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 ...

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