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

Tuesday, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China. It will make you understand regulatory asp ...


Sunday, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained  0.17 percent and CFR South China coal shipme ...


Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points. The cape index also joins BDI ...


Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia IHS is pleased to invite you to t ...


Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...


   873 874 875 876 877   
Showing 4371 to 4375 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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