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

Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report. ...


Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...


Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...


Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...


Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...


   3 4 5 6 7   
Showing 21 to 25 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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