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

Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...


Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...


Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...


Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...


Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...


   26 27 28 29 30   
Showing 136 to 140 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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