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

Friday, 14 August 15
CONDITIONS AND COMPLEXITIES IN A TRIPARTITE AGREEMENT: BE SPECIFIC! - INCE & CO
KNOWLEDGE TO ELEVATE A tripartite agreement reached between the Owners, the Shippers and the Receivers provided that demurrage be paid to the ...


Thursday, 13 August 15
THE RATES FOR CAPES KEPT RALLYING LAST WEEK - INTERMODAL
COALspot.com: Strong Capesize performance kept supporting the Dry Bulk market last week, which noted another positive weekly closing, while rates f ...


Thursday, 13 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE FALLING
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


Wednesday, 12 August 15
DRY BULK MARKET: WITHOUT A DOUBT REACHED HEALTHIER LEVEL
A few weeks before the end of the summer season, the BDI is hovering around 1,200 points, providing some much needed optimism to all Dry Bulk marke ...


Wednesday, 12 August 15
REGULATION CURBS POWER OF LOCAL AUTHORITIES IN MINING SECTOR IN INDONESIA - FLORENCE G. SANTOSO
The Indonesian Government appears to be getting serious about stripping Regents of the authority to issue mining licenses. The Government took the ...


   573 574 575 576 577   
Showing 2871 to 2875 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 ...

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