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, 21 September 15
KOMIPO OF KOREA INVITES BIDS FOR BITUMINOUS COAL
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 390,000 Metric Tons (MT) of minimum 4,600 kcal ...


Sunday, 20 September 15
BALTIC CAPE INDEX ROSE 66.52 PER CENT AND STAND NOW AT 1995 POINTS
COALspot.com: The BDI (Baltic Dry Index) rose 17.35 per cent week over week to 960 points on Friday mainly driven by the Capesize segment. The Cape ...


Friday, 18 September 15
SHIPPING AND THE FED RATE DECISION: FINANCING COSTS COULD RISE EVEN HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Regardless of the FED’s decision to raise rates, shipping stands to be influenced by the decision. Shipbroker Allied Shipbroking noted this w ...


Friday, 18 September 15
U.S. COAL PRODUCTION DECLINED 6.7 PER CENT W-W: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.4 million shor ...


Thursday, 17 September 15
COALSPOT HAS LAUNCHED NEW THERMAL COAL INDICES FOR INDONESIAN COAL
COALspot.com has today launched real-time CS (i) Coal Indices. The Indices represents 3800 kcal/kg GAR, 4200 kcal/kg GAR, 5000 kcal/kg GAR a ...


   560 561 562 563 564   
Showing 2806 to 2810 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 ...

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