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, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...


Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...


Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...


Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...


Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...


   877 878 879 880 881   
Showing 4391 to 4395 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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