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, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...


Monday, 25 July 16
THE BDI FELL ON WEAKER RATES FOR CAPESIZE & PANAMAX VESSELS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape and Panamax segments ending in neg ...


Friday, 22 July 16
U.S COAL OUTPUT ROSE 17.2% WEEK OVER WEEK - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 15.1 million short tons (mms ...


Thursday, 21 July 16
WHAT TO DO WHEN YOU DON'T GET PAID - SHIPOWNERS CLUB
Present market conditions have led to an increase in claims related to unpaid hire. To recover unpaid hire, Owners need to fully understand who the ...


Thursday, 21 July 16
CONSTRUCTIVE TOTAL LOSS: WHAT GOES IN TO CALCULATING QUANTUM? - HILL DICKINSON
KNOWLEDGE TO ELEVATE The Commercial Court recently delivered its judgment in an important case (Connect Shipping Inc and Machrimar Management ...


   469 470 471 472 473   
Showing 2351 to 2355 news of total 6871
News by Category
Popular News
 
Total Members : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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