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

Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...


Wednesday, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...


Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...


Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...


Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...


   80 81 82 83 84   
Showing 406 to 410 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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