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, 15 November 13
US COAL PRODUCTION UP 2.59% WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.8 million short tons (mmst) of coal in ...


Friday, 15 November 13
TAIWAN'S PLASTICS GROUP FORMOSA TO IMPORT 1.37 MILLION TONS OF COAL FOR Q1' 14
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for total 1.37 million mt of coal for 1Q’ 14 for its various plants in Taiwan, ...


Thursday, 14 November 13
KOMIPO TO BUY 270K MT OF SUB-BITUMINOUS COAL FOR Q2' 14
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International Open Bidding for 140,000 Metric Tons (MT) of sub-bituminous coal ...


Thursday, 14 November 13
PANAMAX : MARKET SHOULD BE AROUND USD 11500 FOR 1 YEAR - FEARNLEYS AS
Handy The Atlantic market has picked up this week with prompt ships able USG for November dates coming off and chrts need to pay up in order to cov ...


Wednesday, 13 November 13
Y'14 SUB-BIT INDO COAL SWAP MOVING AT SNAIL-SPEED
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’2014  delivery gained 2.95 percept  month on month on Friday ...


   801 802 803 804 805   
Showing 4011 to 4015 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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