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 : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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