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, 27 October 16
PANAMAX: FIRM ATLANTIC; TOPPISH PACIFIC - FEARNLEYS
Supramax The trend from last week is passed on. ECSA still strong with Supras from N Brazil to Med fixed at $9,000 to $9,500 daily. Accordin ...


Wednesday, 26 October 16
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
If the finale of a thriller movie finds the leading actor successfully surviving after all the sacrifices he has made, the audience presumes this t ...


Tuesday, 25 October 16
INDONESIAN COAL PRICES MARCH HIGHER CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...


Tuesday, 25 October 16
THINGS ARE SLOWLY STARTING TO IMPROVE AS CORRECTIONS ARE MADE - ALLIED
It seems as though left, right and centre, all we see nowadays is the word “restructuring”. There is restructuring amongst bankers ...


Monday, 24 October 16
KOMIPO INVITES BIDS FOR 0.78 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...


   447 448 449 450 451   
Showing 2241 to 2245 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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