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, 12 February 15
DRY BULK OWNERS SCRAP MORE VESSELS, AS MARKET REACHES HISTORICAL LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has reached historical lows this week, with the Baltic Dry Index (BDI) now trading at levels below operating expense levels for ...


Thursday, 12 February 15
INDONESIAN COAL PRICE REFERENCE INCHED DOWN 1.44% IN FEBRUARY
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal bench mark price this month to US$ 62.92 pe ...


Thursday, 12 February 15
NEWBUILDING ORDERING ACTIVITY DRAGS ON, AS OWNERS ARE LOOKING FOR LOWER PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners appear to be waiting for lower prices in their dealings with Asian shipyards, as the dry bulk market is at historical lows. According t ...


Wednesday, 11 February 15
DRY BULK MARKET REMAINED UNDER PRESSURE : STABILIZING CAPE MARKET HARDLY HELPED SENTIMENT
COALspot.com: The Dry Bulk market remained under pressure last week, while the stabilizing Cape market hardly helped sentiment. Greece based s ...


Wednesday, 11 February 15
BDI HITTING THE ALL-TIME LOW; FFA MARKETS NOT SHOWING ANY POSITIVE SIGNS
With the BDI hitting the all-time low and with FFA markets not showing any positive signs for a possible recovery in the near future, pessimism is ...


   639 640 641 642 643   
Showing 3201 to 3205 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 ...

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