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, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009 * Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009 * Production down 1.4 pct t ...


Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...


Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...


Wednesday, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a ...


   1349 1350 1351 1352 1353   
Showing 6751 to 6755 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 ...

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