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

Monday, 13 April 09
INDIA'S NTPC FOURTH-QUARTER PROFIT RISES 30% ON POWER OUTPUT - BLOOMBERG
NTPC Ltd., India’s biggest electricity generator, said profit rose 30 percent in the fourth quarter after higher efficiency helped production. ...


Thursday, 09 April 09
INDONESIAN CILACAP, FISHERMEN PROTEST COAL BARGES ANCHORING IN BAY - THE JAKARTA POST
Fishermen in Cilacap, Central Java, have protested against the presence of dozens of coal barges lying at anchor in Teluk Penyu Bay, claiming they a ...


Thursday, 09 April 09
INDONESIA'S PLN (STATE ELECTRICITY COMPANY) TO SET POWER PURCHASE PRICES FOR INDEPENDENT PRODUCERS - THE JAKARTA POST
State power company PT PLN holds the mandate to set power purchase prices to buy electricity produced by its (IPP) business partners, aiming at flex ...


Wednesday, 08 April 09
ARCELORMITTAL BUYS STAKE IN COAL OF AFRICA - MINEWEB
Steel maker, ArcelorMittal SA, has acquired a 16.3 percent stake in Coal of Africa Ltd. for $44.98 million in cash. ArcelorMittal SA, the South A ...


Wednesday, 08 April 09
EXPORTS AT AUSTRALIA NEWCASTLE COAL PORT FALL ON STORM -MINING-JOURNAL
Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18% last week to a 4½-month low, as ro ...


   1361 1362 1363 1364 1365   
Showing 6811 to 6815 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 ...

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