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, 12 September 22
COAL PRICE HIKE REMAINS DIFFICULT FOR CIL: CHAIRMAN TELLS ANALYSTS - PTI
Coal India on Thursday informed investors that increasing coal prices remains difficult in the current context when the economy is grappling with h ...


Friday, 09 September 22
GREECE WILL KEEP COAL-FIRED PLANTS RUNNING FOR LONGER AMID GAS CRISIS - REUTERS
Greece will keep seven coal-fired plants running for longer than previously planned as European countries adjust to a cut in gas flows coming from ...


Friday, 09 September 22
CHINA'S DROUGHT INTENSIFIES GLOBAL COAL SHORTAGE - REUTERS
China’s drought has sent coal prices surging as traders anticipate the lack of hydroelectric generation will force it to burn more coal to me ...


Thursday, 08 September 22
MOODY.S AFFIRMS ABM INVESTAMA'S B1 RATINGS FOLLOWING PLANNED MINORITY INVESTMENT IN COAL MINER; OUTLOOK STABLE
Moody's Investors Service has affirmed ABM Investama Tbk (P.T.)'s B1 corporate family rating (CFR), along with the B1 rating on its senior ...


Thursday, 08 September 22
MARKET INSIGHT - INTERMODAL
While the energy markets are historically stretched, Russian flows of crude oil are closely monitored as the oil trade is ultimately realigned. Mor ...


   47 48 49 50 51   
Showing 241 to 245 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 ...

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