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

Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...


Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week. The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...


Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...


Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...


Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...


   508 509 510 511 512   
Showing 2546 to 2550 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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