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, 25 November 15
INDIA'S POWER GENERATORS FACE LOW, FALLING UTILISATION RATE - FITCH
COAlspot.com: Fitch Ratings says in a new report that the utilisation rate of India's thermal power generation capacity continued to decline in ...


Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...


Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...


Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...


Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...


   537 538 539 540 541   
Showing 2691 to 2695 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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