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, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...


Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...


Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...


Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...


Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...


   33 34 35 36 37   
Showing 171 to 175 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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