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, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction. SGX’s ...


Saturday, 30 June 12
THE FREIGHT RATES ARE EXPECTED TO BE STEADY TO FIRM NEXT WEEK - VISTAAR SINGAPORE
COALspot.com – The  BDI was up by 2.66 pct (up by 26 points) closing at 1,004 points crossing the 1000 point barrier this week. The c ...


Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped  31.54* million tons of coal in May 2012, compared to 31.86* mill ...


Friday, 29 June 12
DRY BULK SHIP OWNERS DOING THEIR MATHS BEFORE PLACING NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With oversupply having plagued the dry bulk shipping fleet since the end of 2011, it’s become ever so evident that placing a newbuilding order ...


Thursday, 28 June 12
DRY BULK MARKET HIGHER ON CAPESIZE OPTIMISM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher yesterday, as the BDI (Baltic Dry Index) ended up by 0.71% to 988 points. Most ship types were up, with the ...


   934 935 936 937 938   
Showing 4676 to 4680 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 ...

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