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

Tuesday, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...


Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...


Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...


Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...


Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...


   230 231 232 233 234   
Showing 1156 to 1160 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 ...

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