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, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...


Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...


Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...


Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa . Indian imports of South Afr ...


Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...


   1344 1345 1346 1347 1348   
Showing 6726 to 6730 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 ...

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