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 : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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