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, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY&rsq ...


Wednesday, 06 July 22
MARKET INSIGHT - INTERMODAL
Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the ship ...


Tuesday, 05 July 22
WHY ARE VLSFO PRICES SO HIGH, ESPECIALLY IN SINGAPORE? - STEVE CHRISTY, INTEGR8 FUELS
Tightness in products still trumps talks of recession Last month we wrote about the fears of recession versus the tightness in product markets ...


Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report ...


Tuesday, 05 July 22
CHINA POLICY KEY FOR IRON ORE OUTLOOK - ING
China’s covid lockdowns and recessionary risks hit iron ore Iron ore prices have fallen significantly from their year-to-date high of US$ ...


   59 60 61 62 63   
Showing 301 to 305 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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