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

Monday, 28 January 13
BAYAN RESOURCES TO SELL 18 MILLION TONS OF COAL TO GNPOWER MARIVELES COAL PLANT
Publicly-listed PT Bayan Resources announced on Friday that it had signed an agreement on coal sales with Philippine-based GNPower Mariveles Coal Pl ...


Sunday, 27 January 13
CFR SOUTH CHINA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.31 percent and CFR South China coal shipment&nbs ...


Sunday, 27 January 13
FREIGHT MARKET: FLAT TO SOFT - VISTAAR
COALspot.com - The freight market was soft and all the indices were down except for handy size. The BDI was down 4.66 pct closing at 798 points.. ...


Friday, 25 January 13
BOTSWANA GOVERNMENT GRANTS COAL LICENSES TO A-CAP RESOURCES LIMITED
A-Cap Resources Limited has announced that it has been granted coal rights within its Bolau tenements which sit next to the Sese Coal and Power Proj ...


Friday, 25 January 13
SMALL ROOM FOR OPTIMISM FOR THE PROSPECTS OF THE DRY BULK MARKET AS NET FLEET GROWTH IS SLOWING DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market didn't manage to post a rebound during the past year, quite the opposite, as a fast fleet growth and slow ...


   880 881 882 883 884   
Showing 4406 to 4410 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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