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 June 14
HANDY : TA MARKET IS CONTINUING SOUTH WITH A DECREASE OF 26% W-O-W
Handy The week started off with holidays in most European countries and the TA market is continuing south with a decrease of 26% w-o-w. We do see ...


Thursday, 12 June 14
CONSOLIDATION IS THE ' NAME OF THE GAME' WHEN IT COMES TO SHIPYARDS ACROSS ASIA - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Intense competition, a swelling of new greenfield shipyards over the past few years mainly in China, especially prior to the 2008 global financial ...


Wednesday, 11 June 14
INDONESIA'S COAL EXPORT VOLUME AND REVENUE SLIPS 2.75% AND 6.73% RESPECTIVELY IN APRIL
COALspot.com:  Indonesia, one of the world's largest coal producer and the global largest multi grade coal exporter shipped around $1.8* b ...


Wednesday, 11 June 14
BPI TOUCHING A NEW LOW FOR THE YEAR
The Dry Bulk market closed off the week positively, on the back of firming Capesize rates, while the market overall continues to face a very challe ...


Monday, 09 June 14
GOVT GETS TOUGH ON ILLEGAL MINING, SUSPENDS LICENSES - THE JAKARTA POST
The government has temporarily suspended the licenses of 62 mineral and coal transportation companies as part of its efforts to curb illegal mining ...


   731 732 733 734 735   
Showing 3661 to 3665 news of total 6871
News by Category
Popular News
 
Total Members : 28,616
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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