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

Saturday, 06 April 19
AUSTRALIA COAL POSTS BIGGEST WEEKLY DROP IN A DECADE AMID WEAK DEMAND - REUTERS
Australian thermal coal prices this week registered their biggest weekly fall since the financial market turmoil of a decade ago as demand plunged ...


Saturday, 06 April 19
SUPRAMAX: IT WAS A POOR WEEK OVERALL FOR THE BALTIC SUPRAMAX INDEX, WHICH LOST GROUND - BALTIC BRIEFING
Capesize The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest ...


Thursday, 04 April 19
OVERSUPPLY STILL MAJOR CHALLENGE WARNS ICS
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned that avoiding overcapacity and ...


Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for ...


Monday, 01 April 19
FORCE MAJEURE SUCCESS NOT A SEA CHANGE - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE It is difficult to successfully argue that contractual performance has been prevented or delayed by force majeure. This i ...


   286 287 288 289 290   
Showing 1436 to 1440 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 ...

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