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

Monday, 17 September 18
GLENCORE RETURNS TO JAPAN COAL TALKS SCUPPERED BY HIGH PRICES - BLOOMBERG
Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year ...


Monday, 17 September 18
SMALL PERCENTAGE OF THE WORLD FLEET WILL FIT SCRUBBERS - FORECASTS : METTE KRONHOLM FRAENDE
In recent months, there have been numerous reports of a strong pick-up in demand for scrubbers. On 1 January 2020, however, the number of ships fit ...


Saturday, 15 September 18
POWERING SUSTAINABLE DEVELOPMENT WITH LOW EMISSION COAL TECHNOLOGIES - WCA
In its 5th Strategic Energy Plan this year (2018), the Japanese Cabinet recognised coal as an important energy resource, necessary for the country& ...


Friday, 14 September 18
10 YEARS ON FROM LEHMAN, HOW IS SHIPPING'S "HANGOVER"? - CLARKSONS RESEARCH
On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset the worst economic downturn for a century. ...


Thursday, 13 September 18
OPEC SEES SLOWER 2019 OIL DEMAND GROWTH, WARNS ON ECONOMY
Crude Oil Price Movements In August, the OPEC Reference Basket declined by $1.01 m-o-m, settling at $72.26/b. Crude oil futures were also down ...


   322 323 324 325 326   
Showing 1616 to 1620 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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