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

Thursday, 15 March 18
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE PAYING IN THE LOW $13K TO S. CHINA AND HIGH $13K TO NORTH IN CHINA
Supramax More activity from USG , front hauls to Far East have settled around $25000, and to Cont around $20000. Stable gain again in Black Sea w ...


Thursday, 15 March 18
BHEL COMMISSIONS 600 MW THERMAL POWER PLANT FOR APGENCO IN ANDHRA PRADESH
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 600 MW coal-based thermal power plant in the state of Andhra Pradesh. ...


Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s expor ...


Wednesday, 14 March 18
COAL PRICES UP SAYS MINERALS COUNCIL - IAN KIRKWOOD,THE HERALD
NSW thermal coal exports were at near-record levels last year but prices were up, the Minerals Council of NSW has said after appraising annual stat ...


Wednesday, 14 March 18
NEW COAL PRICE FORMULA DOESN'T APPLY RETROACTIVELY: OFFICIAL - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry has decided to change the implementation period of the new discounted price formula for coal sold to the ...


   353 354 355 356 357   
Showing 1771 to 1775 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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