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

Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...


Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...


Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...


Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...


Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked   Pakistan risks locking itself into building m ...


   157 158 159 160 161   
Showing 791 to 795 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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