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, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...


Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG,  the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...


Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...


Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...


Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX). The listing followed the company's p ...


   1321 1322 1323 1324 1325   
Showing 6611 to 6615 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 ...

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