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 : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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