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, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...


Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...


Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...


Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...


Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...


   1320 1321 1322 1323 1324   
Showing 6606 to 6610 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 ...

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