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, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...


Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...


Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...


Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...


Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...


   1342 1343 1344 1345 1346   
Showing 6716 to 6720 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 ...

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