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

Friday, 16 September 22
WHEN IS A VESSEL'S INCOME EARNING CAPACITY AT RISK? 'CONTROLLED INCOME CAN BE A KEY OF SUCCESS' - MARASCO MARINE
Managing marine risks is not an easy task, which requires special knowledge and expertise on the subject per se. Customarily, big ship management c ...


Friday, 16 September 22
DRY BULK MARKET: EU’S BAN ON RUSSIAN COAL LIFTS DEMAND DESPITE ECONOMIC HEADWINDS - BIMCO
Highlights – The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand and adverse glob ...


Friday, 16 September 22
BIMCO EMBARKS ON NEW STANDARD FOR “QUIET ENJOYMENT”
KNOWLEDGE TO ELEVATE   A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing i ...


Friday, 16 September 22
INDIAN COAL PRODUCTION TO RISE 150 PER CENT IN 10 YEARS: CENTRE - EXPRESS NEWS SERVICE
The Union Ministry of Mines is expecting 150 per cent growth in coal production 10 years down the line as a result of coal reforms that had been us ...


Thursday, 15 September 22
MARKET INSIGHT - INTERMODAL
While the Organization of Petroleum Exporting Countries and its allies agreed on a 100,000 b/d output cut last week, oil flows are in the spotlight ...


   46 47 48 49 50   
Showing 236 to 240 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 ...

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