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

Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
  COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...


Friday, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...


Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...


Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...


Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...


   893 894 895 896 897   
Showing 4471 to 4475 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 ...

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