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

Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...


Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...


Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...


Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...


Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...


   936 937 938 939 940   
Showing 4686 to 4690 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 ...

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