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

Tuesday, 10 March 15
OIL PRICE FORECASTING - IGNORE THE EXPERTS: COLIN MARSHALL
KNOWLEDGE TO ELEVATE Experts put themselves on a pedestal, making claims to have special forecasting abilities for oil price trends. They, too ...


Tuesday, 10 March 15
FOB NEWCASTLE COAL SWAPS HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 0.24 per MT (-0.47%) month over month and US$ 1.52 (-2.93%) we ...


Tuesday, 10 March 15
CFR SOUTH CHINA POWER-STATION COAL SWAPS DECLINE
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery fell US$ 0.42 (-0.74%) per MT month over month and declined US$ 1.00 &nbs ...


Monday, 09 March 15
INDONESIA GREETS INDIA RATE CUT AS GOOD FOR EXPORTS - GLOBEASIA
Indonesian commodity producers and economists have hailed the Indian central bank’s rate cut as good for boosting exports from Southeast Asia ...


Monday, 09 March 15
CHINA'S SUPREME COURT ISSUES NEW JUDICIAL INTERPRETATION ON SHIP ARREST AND JUDICIAL SALE OF SHIPS - GARD
KNOWLEDGE TO ELEVATE China is not traditionally a popular jurisdiction for ship arrest. However, Members and clients with ships calling at por ...


   629 630 631 632 633   
Showing 3151 to 3155 news of total 6871
News by Category
Popular News
 
Total Members : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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