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, 27 June 16
THE BDI UP 3.75 PERCENT ; BCI FELL 1.51% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.75 percent from las ...


Monday, 27 June 16
INDONESIA BANS (AGAIN) SHIPS SAILING TO THE PHILIPPINES FROM INDONESIA
COALspot.com: The Indonesian Transport Ministry strictly prohibited harbour masters issuing permits to all Indonesian-flagged vessels bound for the ...


Friday, 24 June 16
U.S WEEKLY COAL PRODUCTION UP MARGINALLY
COALspot.com – U.S, world’s one of the largest coal producers has produced approximately totalled an estimated 13.4 million short tons ...


Wednesday, 22 June 16
SMALL RISE IN SHIPPING CONFIDENCE - MOORE STEPHENS
In May 2016, the average confidence level expressed by respondents in the markets in which they operate was 5.1 on a scale of 1 (low) to 10 (high). ...


Wednesday, 22 June 16
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Stagnation- With the BDI stuck in the low 600 points for almost a month now, if we had to choose a word to describe the state of the Dry Bulk freig ...


   476 477 478 479 480   
Showing 2386 to 2390 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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