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

Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped  31.86* million tons of coal in April 2012, compared to 30.64* million tons i ...


Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points. The Cape Si ...


Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...


Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...


Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...


   942 943 944 945 946   
Showing 4716 to 4720 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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