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

Sunday, 05 April 15
FREIGHT RATES UNDER PRESSURE WEEK OVER WEEK
COALspot.com: The Indices fell on all segments and the market seemed to soften this week. The BDI was almost lost 1.34% week over week and clo ...


Saturday, 04 April 15
BORYEONG POWER OF KOMIPO TO BUY TOTALED 695K MT OF HIGH AND LCV COAL
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids from coal producers, marketing companies, or traders to supply of 500000 Metr ...


Friday, 03 April 15
U.S WEEKLY COAL PRODUCTION STAYS FLAT
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 18.3 million short ...


Friday, 03 April 15
TOBA BARA'S PANDU SJAHRIR ELECTED AS NEW CHAIRMAN OF THE INDONESIAN COAL MINING ASSOCIATION
COALspot.com: Pandu Sjahrir, the Vice President Director & CFO of the Jakarta-listed PT Toba Bara Sejahtra — a subsidiary of PT Toba Seja ...


Thursday, 02 April 15
GOVERNMENT MUST WORK WITH MINING, NOT AGAINST IT - PANDU SJAHRIR
The Coal Face: The coal price has hit its lowest point in recent memory My father used to say to me that his children are his biggest inv ...


   617 618 619 620 621   
Showing 3091 to 3095 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 ...

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