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

Wednesday, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...


Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...


Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...


Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...


Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...


   930 931 932 933 934   
Showing 4656 to 4660 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 ...

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