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 October 15
DRY BULK SHIPPING: MARKETS ARE SLOWLY IMPROVING FROM A VERY LOW LEVEL AS THE DEMAND SIDE FALTERS - HELLENIC SHIPPING NEWS
The dry bulk market is in the midst of a shift in demand patterns, which coupled with a tonnage supply overhang, has been facing headwinds over the ...


Monday, 12 October 15
BDI WEIGHED DOWN BY CAPE
COALspot.com: The BDI (Baltic Dry Index) has come back down again this week. The BDI is a benchmark index used to assess the overall cost of moving ...


Sunday, 11 October 15
TANKER SHIPPING: MORE OPTIMISM IN SIGHT FOR TANKERS IN THE WINTER SEASON - BIMCO
Demand: 2015 has been the year of the tanker. The fundamental improvements with slow supply-side growth for some years coupled with low oil pri ...


Friday, 09 October 15
US WEEKLY COAL OUTPUT UP 1.2 PERCENT TO 17.7 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.7 million shor ...


Thursday, 08 October 15
CAPESIZE: MOST PEOPLE AGREE A SPIKE IN RATES WILL HAPPEN; WHEN, HOW LONG AND HOW SUBSTANTIAL? - FEARNLEYS
Cape Depressives start of the fourth quarter, with c3 approaching USD 12 pmt and c5 presently in the mind 5's. According to Fearnleys ship br ...


   554 555 556 557 558   
Showing 2776 to 2780 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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