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, 16 April 15
SHIPPING DEMAND TO SUFFER AS CHINESE SLOWDOWN CONFIRMED SAYS BIMCO'S CHIEF SHIPPING ANALYST - BIMCO
The Chinese economy grew by 7.0% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overa ...


Thursday, 16 April 15
INDIA: COAL IMPORTS RISE BY 33 PC TO 240 MT IN FY'15 - PTI
India’s coal imports in the just concluded FY 2015 increased by 33 per cent to about 240 million tonnes. “Coal import have gone up ...


Thursday, 16 April 15
CAPESIZE: THE SUPPLY AND DEMAND SIDE ARE NOW SUFFERING HEAVILY - FEARNLEYS
Handy It seems to be some standoff between owners and charterers in both hemispheres this week. Owners are raising their rates while charterers a ...


Thursday, 16 April 15
Q3 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 55.67 PMT
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month. The Q2 swap has declined US$ 1.90 (3.17%) m ...


Wednesday, 15 April 15
PORT OF NEWCASTLE SHIPPED 13.63 MMT OF COAL IN MARCH; UP 4.41% M-O-M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.227 billi ...


   613 614 615 616 617   
Showing 3071 to 3075 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 ...

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