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

Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...


Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...


Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...


Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...


Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...


   70 71 72 73 74   
Showing 356 to 360 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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