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

Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...


   938 939 940 941 942   
Showing 4696 to 4700 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 ...

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