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, 23 March 09
STRAITS TO SELL STAKE IN COAL ASSETS TO PTT -THEAUSTRALIAN.NEWS.COM
STRAITS Resources will sell a 60 per cent stake in its Indonesian coal assets to Thailand's PTT International Co. for $US335 million. The transa ...


Monday, 23 March 09
BMA TAKES 60 PCT CUT IN JAPAN COKING COAL PRICE-CITI - REUTERS
BHP Billiton Mitsubishi Alliance (BMA), the world's top coking coal exporter, has agreed to accept a discount of around 60 percent for the steel-ma ...


Sunday, 22 March 09
SHENHUA ENERGY'S 2009 COAL PRODUCTION MAY GAIN 8% - BLOOMBERG
China Shenhua Energy Co., the nation’s biggest coal producer, may increase production of the energy fuel by about 8 percent this year, slower ...


Friday, 20 March 09
INDONESIA ORDERS TEMPORARY HALT AT BAYAN COAL MINE - REUTERS
Indonesia has ordered a coal mining unit of PT Bayan Resources to temporarily stop production for operating outside approved areas, a government off ...


Friday, 20 March 09
COKING-COAL PRICE STRUCK AT $115-$125, CITIGROUP SAYS - BLOOMBERG
BHP Billiton Ltd., the world’s largest miner, agreed with Nippon Steel Corp. to benchmark coking coal prices of $115 to $125 a metric ton, Cit ...


   1365 1366 1367 1368 1369   
Showing 6831 to 6835 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 ...

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