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

Saturday, 22 December 12
FALL IN CAPE AND PANAMAX RATES DRAG BDI INDEX - VISTAAR
COALspot.com - The freight market further softened this week closing at 700 points (down by 10.71 pct).  The cape index continued to fall and w ...


Saturday, 22 December 12
DELTA DUNIA MAKMUR PRODUCED 3.2 MILLION TONS OF COAL IN NOVEMBER' 12
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 28.1 million bcm* (+1.8% YoY) of Overburden in November 2012 while coal production was at 3.2 ...


Friday, 21 December 12
JORC CODE, 2012 EDITION NOW FINALIZED
COALspot.com - The JORC Committee has announced that,  the completion of the review of the JORC Code of 2012 Edition. The JORC Code, 2012 Ed ...


Thursday, 20 December 12
COAL CLOSING IN ON OIL AS WORLD'S TOP ENERGY SOURCE BY 2017
COALspot.com - Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’ ...


Thursday, 20 December 12
CHINA'S IRON ORE AND COAL DEMAND WILL SHAPE THE CAPESIZE DRY BULK TRADE DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the best efforts from ship owners to help alleviate the current tonnage oversupply issue in the dry bulk segment, especially in the larger v ...


   890 891 892 893 894   
Showing 4456 to 4460 news of total 6871
News by Category
Popular News
 
Total Members : 28,703
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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