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 : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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