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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)
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Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...
Tuesday, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.
As expected, Russia – Ukraine war dr ...
Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
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- Thiess Contractors Indonesia
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- Jindal Steel & Power Ltd - India
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- Anglo American - United Kingdom
- ICICI Bank Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Mjunction Services Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
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- Meralco Power Generation, Philippines
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- Economic Council, Georgia
- Indian Oil Corporation Limited
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- Coal and Oil Company - UAE
- Indika Energy - Indonesia
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- Minerals Council of Australia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
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- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Trasteel International SA, Italy
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- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
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- Madhucon Powers Ltd - India
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- Eastern Coal Council - USA
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- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
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- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
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- Dalmia Cement Bharat India
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- Directorate Of Revenue Intelligence - India
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- Tamil Nadu electricity Board
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- Independent Power Producers Association of India
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- Ministry of Finance - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
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