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

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