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

Thursday, 11 June 15
IS COAL INDUSTRY GOING TO HIT A BRICK WALL?
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.59 per MT fo ...


Wednesday, 10 June 15
TANKER MARKET INSIGHT - STELIOS KOLLINTZAS
As we go through the end of the 2nd quarter of the year it is evident that the tanker shipping markets have been rewarding and definitely been show ...


Wednesday, 10 June 15
WORLD COAL MARKET HEADING TO NEW EQUILIBRIUM: MINISTER - JAKARTA POST
Energy and Mineral Resources Minister Sudirman Said has said the world’s coal market is heading towards a new balance, which will make Indone ...


Wednesday, 10 June 15
FOB INDONESIA COAL SWAP ROSE W-O-W AND M-O-M
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains month on month and week over week, this past week. The Q3 swap was climbed by $ ...


Tuesday, 09 June 15
GLOBALCOAL IMPLEMENTS VOLUMETRIC SIZE LIMITS IN RICHARDS BAY MARKET
COALspot.com: globalCOAL today announced that following recent market consultation, it will limit bids, offers and trades in the fixed price Phys R ...


   595 596 597 598 599   
Showing 2981 to 2985 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 ...

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