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

Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives. The Indonesian Ener ...


Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...


Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...


Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...


Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps * Coal industry grapples with carbon polluter image German imports of hard coal are like ...


   1333 1334 1335 1336 1337   
Showing 6671 to 6675 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 ...

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