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, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...


Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...


Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...


Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...


Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...


   188 189 190 191 192   
Showing 946 to 950 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 ...

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