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, 20 September 22
CHINA COAL OUTPUT UP 8.1 PCT IN AUGUST - XINHUA
China’s raw coal output posted stable expansion in August, official data showed.   The country produced 370 million tonnes of ra ...


Monday, 19 September 22
BUMA AUSTRALIA AWARDED A$400 MILLION CONTRACT EXTENSION BY BMA FOR GOONYELLA PROJECT
Press Release – PT Delta Dunia Makmur Tbk. (the "Company") announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA ...


Saturday, 17 September 22
CHINA WARNS COAL COMPANIES AGAINST DUAL CONTRACTS, KEEP PRICES STABLE - REUTERS
China’s state economic planner warned coal companies operating at ports in the Bohai Bay region to comply with their long-term contracts to k ...


Saturday, 17 September 22
IS A GLOBAL RECESSION IMMINENT? - WORLD BANK
Since the beginning of the year, a rapid deterioration of growth prospects coupled with rising inflation and tightening financing conditions, has i ...


Saturday, 17 September 22
FITCH RATINGS REVISES GLOBAL METALS & MINING PRICE ASSUMPTIONS
Fitch Ratings has revised its metals and mining price assumptions reflecting evolving economic growth expectations and demand and supply dynamics. ...


   45 46 47 48 49   
Showing 231 to 235 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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