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, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...


Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long ...


Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...


Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...


Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...


   56 57 58 59 60   
Showing 286 to 290 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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