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, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...


Tuesday, 09 November 21
ASIA-PACIFIC IS HOME TO SOME OF THE WORLD'S LARGEST CARBON-EMITTERS - 2 CHARTS SHOW ITS RELIANCE ON COAL - CNBC
Asia-Pacific is home to some of the world’s largest carbon emitters — and experts say much of global efforts to fight climate change de ...


Tuesday, 09 November 21
CHINA DAILY COAL OUTPUT HITS MULTI-YEAR PEAK, PRICES EXPECTED TO FALL - REUTERS
China’s daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner sai ...


Thursday, 04 November 21
CHINA'S COAL MARKET SEES SIGNIFICANT IMPROVEMENTS: NDRC - GLOBAL TIMES
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal o ...


Thursday, 04 November 21
CHINA THERMAL COAL PRICES RISE AFTER FALLING FOR 10 DAYS - REUTERS
China thermal coal futures rebounded on Wednesday after falling for 10 days on an expected jump in fuel demand to meet heating needs amid forecasts ...


   82 83 84 85 86   
Showing 416 to 420 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 ...

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