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, 18 April 16
INDONESIAN 5000 GAR COAL INDEX DECLINE 1.43 PERCENT WEEK OVER WEEK - CS (I) COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin fell 1.43 percent week over week to averaging $38.65 per ton on this past Friday, ac ...


Monday, 18 April 16
SOUTH KOREA STATE-OWNED UTILITY KOMIPO INVITES COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 70,000 Metric Tons of 4,600 kcal/kg NAR coal for ...


Monday, 18 April 16
SOUTH AFRICA RB1 COAL HAS LOST GROUND IN INDIA; RB2 MAY LOSE GRIP IF THE PRICE CROSSES US$ 50 A TON - TRADERS
COALspot.com: Indian coal consumers preferred to buy South Africa RB2 coal instead of RB1 coal recent months due to RB2's low CFR price level. ...


Monday, 18 April 16
CAPESIZE INDEX ROSE 44.66 PER CENT WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week. The freight market was ...


Friday, 15 April 16
PANAMAX MARKET CONTINUES TO FIRM - FEARNLEYS
Cape It has been a positive freight market for the past few weeks, however, this week the market is taking a small breather, says Fearnleys in it ...


   493 494 495 496 497   
Showing 2471 to 2475 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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