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 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...


Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline. Total production is down 9.9 million short t ...


Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...


Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...


Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down. The BDI was down by 5.38 pct closing at 861 points and the ...


   863 864 865 866 867   
Showing 4321 to 4325 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 ...

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