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, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.   In its fi ...


Tuesday, 29 January 19
CHINA HAS BEEN THE TOP DRIVER OF GLOBAL GROWTH FOR NEARLY TWO DECADES - ALLIED
China has been the top driver of global growth for nearly two decades now, pushing demand for seaborne trade and being the key influencer for deman ...


Saturday, 26 January 19
SUPRAMAX: NICKEL ORE RUNS SAW A 56K DWT VESSEL, DELIVERY PHILIPPINES, FIXED FOR A TRIP TO CHINA AT $6K - BALTIC BRIEFING
Capesize A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying thr ...


Thursday, 24 January 19
ANOTHER DISAPPOINTING WEEK FOR PANAMAX OWNERS; MARKET CONTINUES DOWN IN BOTH BASINS - FEARNLEYS
Capesize The week has been marked by low activity and dropping rates in both basins. As usual, supply additions have increased at the beginning ...


Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...


   295 296 297 298 299   
Showing 1481 to 1485 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 ...

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