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, 04 May 12
DEMOLITION KEY FOR DRY BULK MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The overflow of newbuilding vessels which “spilled over” into 2012 from 2011 brought the dry bulk market to a near collapse level at the ...


Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
  The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...


Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...


Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage. USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to ...


Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that,  the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...


   947 948 949 950 951   
Showing 4741 to 4745 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
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
  • CCIC - Indonesia
  • Directorate Of Revenue Intelligence - India
  • ING Bank NV - Singapore
  • TGV SRAAC LIMITED, India
  • UBS Singapore
  • Cardiff University - UK
  • Sical Logistics Limited - India
  • Electricity Generating Authority of Thailand
  • SRK Consulting
  • Wood Mackenzie - Singapore
  • Energy Link Ltd, New Zealand
  • Star Paper Mills Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Simpson Spence & Young - Indonesia
  • Ind-Barath Power Infra Limited - India
  • TeaM Sual Corporation - Philippines
  • Port Waratah Coal Services - Australia
  • Barclays Capital - USA
  • Reliance Power - India
  • Orica Mining Services - Indonesia
  • Cemex - Philippines
  • IMC Shipping - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Thomson Reuters GRC
  • J M Baxi & Co - India
  • Cargill India Pvt Ltd
  • Petron Corporation, Philippines
  • SMC Global Power, Philippines
  • Siam City Cement PLC, Thailand
  • Mitsubishi Corporation
  • globalCOAL - UK
  • Mercuria Energy - Indonesia
  • Merrill Lynch Commodities Europe
  • Sree Jayajothi Cements Limited - India
  • Adani Power Ltd - India
  • Ince & co LLP
  • Carbofer General Trading SA - India
  • Central Java Power - Indonesia
  • Sojitz Corporation - Japan
  • Inspectorate - India
  • Aboitiz Power Corporation - Philippines
  • PTC India Limited - India
  • Global Coal Blending Company Limited - Australia
  • Globalindo Alam Lestari - Indonesia
  • Geoservices-GeoAssay Lab
  • KPMG - USA
  • DBS Bank - Singapore
  • NALCO India
  • Aditya Birla Group - India
  • IBC Asia (S) Pte Ltd
  • Mercator Lines Limited - India
  • Intertek Mineral Services - Indonesia
  • Humpuss - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Mechel - Russia
  • Ambuja Cements Ltd - India
  • Global Business Power Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • Sakthi Sugars Limited - India
  • CIMB Investment Bank - Malaysia
  • TRAFIGURA, South Korea
  • Glencore India Pvt. Ltd
  • The India Cements Ltd
  • Leighton Contractors Pty Ltd - Australia
  • Tata Power - India
  • Thermax Limited - India
  • Toyota Tsusho Corporation, Japan
  • Formosa Plastics Group - Taiwan
  • Malabar Cements Ltd - India
  • JPower - Japan
  • Malco - India
  • Shenhua Group - China
  • Africa Commodities Group - South Africa
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bhoruka Overseas - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Dalmia Cement Bharat India
  • Georgia Ports Authority, United States
  • ICICI Bank Limited - India
  • Peabody Energy - USA
  • Mitsui
  • SMG Consultants - Indonesia
  • WorleyParsons
  • Coastal Gujarat Power Limited - India
  • Merrill Lynch Bank
  • Pinang Coal Indonesia
  • Coal and Oil Company - UAE
  • Iligan Light & Power Inc, Philippines
  • Cement Manufacturers Association - India
  • Kaltim Prima Coal - Indonesia
  • Vizag Seaport Private Limited - India
  • Britmindo - Indonesia
  • Makarim & Taira - Indonesia
  • Samtan Co., Ltd - South Korea
  • Indonesia Power. PT
  • Japan Coal Energy Center
  • PetroVietnam Power Coal Import and Supply Company
  • Jindal Steel & Power Ltd - India
  • ASAPP Information Group - India
  • Metalloyd Limited - United Kingdom
  • Uttam Galva Steels Limited - India
  • GHCL Limited - India
  • VISA Power Limited - India
  • Bangkok Bank PCL
  • APGENCO India
  • Xindia Steels Limited - India
  • Siam City Cement - Thailand
  • Indogreen Group - Indonesia
  • Gresik Semen - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Minerals Council of Australia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Qatrana Cement - Jordan
  • Indian Energy Exchange, India
  • Kumho Petrochemical, South Korea
  • Grasim Industreis Ltd - India
  • Goldman Sachs - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • GMR Energy Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Indonesian Coal Mining Association
  • Alfred C Toepfer International GmbH - Germany
  • Eastern Coal Council - USA
  • Bahari Cakrawala Sebuku - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Bank of China, Malaysia
  • Savvy Resources Ltd - HongKong
  • Vitol - Bahrain
  • Economic Council, Georgia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ernst & Young Pvt. Ltd.
  • Latin American Coal - Colombia
  • Infraline Energy - India
  • CESC Limited - India
  • Vale Mozambique
  • Indika Energy - Indonesia
  • World Coal - UK
  • Pipit Mutiara Jaya. PT, Indonesia
  • Parry Sugars Refinery, India
  • Indorama - Singapore
  • Jatenergy - Australia
  • Deutsche Bank - India
  • Cosco
  • Bangladesh Power Developement Board
  • Berau Coal - Indonesia
  • Australian Coal Association
  • AsiaOL BioFuels Corp., Philippines
  • Orica Australia Pty. Ltd.
  • Panama Canal Authority
  • London Commodity Brokers - England
  • Cigading International Bulk Terminal - Indonesia
  • The Treasury - Australian Government
  • Noble Europe Ltd - UK
  • PNOC Exploration Corporation - Philippines
  • Adaro Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • EMO - The Netherlands
  • GNFC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Clarksons - UK
  • Manunggal Multi Energi - Indonesia
  • Total Coal South Africa
  • Bukit Asam (Persero) Tbk - Indonesia
  • PetroVietnam
  • Parliament of New Zealand
  • Bhatia International Limited - India
  • Lafarge - France
  • Thiess Contractors Indonesia
  • Kobe Steel Ltd - Japan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Argus Media - Singapore
  • Platts
  • IHS Mccloskey Coal Group - USA
  • Billiton Holdings Pty Ltd - Australia
  • Mitra SK Pvt Ltd - India
  • JPMorgan - India
  • Coal India Limited
  • Asian Development Bank
  • Fearnleys - India
  • Surastha Cement
  • Anglo American - United Kingdom
  • OCBC - Singapore
  • SASOL - South Africa
  • Straits Asia Resources Limited - Singapore
  • Vedanta Resources Plc - India
  • bp singapore
  • EIA - United States
  • HSBC - Hong Kong
  • ANZ Bank - Australia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Shree Cement - India
  • Power Finance Corporation Ltd., India
  • Essar Steel Hazira Ltd - India
  • SUEK AG - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • NTPC Limited - India
  • Eastern Energy - Thailand
  • Borneo Indobara - Indonesia
  • Rio Tinto Coal - Australia
  • GB Group - China
  • Indian Oil Corporation Limited
  • New Zealand Coal & Carbon
  • Banpu Public Company Limited - Thailand
  • European Bulk Services B.V. - Netherlands
  • Xstrata Coal
  • Indian School of Mines
  • Semirara Mining and Power Corporation, Philippines
  • Energy Development Corp, Philippines
  • Bukit Makmur.PT - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Thai Mozambique Logistica
  • Gujarat Sidhee Cement - India
  • Sucofindo - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • PLN Batubara - Indonesia
  • McConnell Dowell - Australia
  • Madhucon Powers Ltd - India
  • McKinsey & Co - India
  • Ministry of Finance - Indonesia
  • Meralco Power Generation, Philippines
  • Samsung - South Korea
  • TANGEDCO India
  • Karaikal Port Pvt Ltd - India
  • Salva Resources Pvt Ltd - India
  • ETA - Dubai
  • Larsen & Toubro Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Credit Suisse - India
  • Cebu Energy, Philippines
  • Coaltrans Conferences
  • Tata Chemicals Ltd - India
  • San Jose City I Power Corp, Philippines
  • Bhushan Steel Limited - India
  • World Bank
  • Singapore Mercantile Exchange
  • Kobexindo Tractors - Indoneisa
  • International Coal Ventures Pvt Ltd - India
  • Core Mineral Indonesia
  • Sarangani Energy Corporation, Philippines
  • The University of Queensland
  • KPCL - India
  • Riau Bara Harum - Indonesia
  • Coeclerici Indonesia
  • Arch Coal - USA
  • IOL Indonesia
  • Asia Cement - Taiwan
  • TNPL - India
  • Maybank - Singapore
  • Tamil Nadu electricity Board
  • Sindya Power Generating Company Private Ltd
  • BNP Paribas - Singapore
  • Gujarat Electricity Regulatory Commission - India
  • The State Trading Corporation of India Ltd
  • Thailand Anthracite
  • Meenaskhi Energy Private Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Altura Mining Limited, Indonesia
  • Therma Luzon, Inc, Philippines
  • Maheswari Brothers Coal Limited - India
  • India Bulls Power Limited - India
  • MEC Coal - Indonesia
  • Commonwealth Bank - Australia
  • Global Green Power PLC Corporation, Philippines
  • Heidelberg Cement - Germany
  • Agrawal Coal Company - India
  • Independent Power Producers Association of India
  • Kohat Cement Company Ltd. - Pakistan
  • Bank of America
  • Bharathi Cement Corporation - India
  • Chamber of Mines of South Africa
  • Australian Commodity Traders Exchange
  • Mintek Dendrill Indonesia
  • Videocon Industries ltd - India
  • Posco Energy - South Korea
  • Interocean Group of Companies - India
  • KOWEPO - South Korea
  • Antam Resourcindo - Indonesia
  • ACC Limited - India
  • Inco-Indonesia
  • RBS Sempra - UK
  • Electricity Authority, New Zealand
  • PLN - Indonesia
  • CoalTek, United States
  • Jorong Barutama Greston.PT - Indonesia
  • Central Electricity Authority - India
  • Coalindo Energy - Indonesia
  • Wilmar Investment Holdings
  • Maruti Cements - India
  • Sinarmas Energy and Mining - Indonesia
  • Trasteel International SA, Italy
  • Platou - Singapore
  • South Luzon Thermal Energy Corporation
  • Baramulti Group, Indonesia
  • White Energy Company Limited
  • SGS (Thailand) Limited
  • LBH Netherlands Bv - Netherlands
  • Maersk Broker
  • Lanco Infratech Ltd - India
  • Edison Trading Spa - Italy
  • Karbindo Abesyapradhi - Indoneisa
  • Permata Bank - Indonesia
  • Freeport Indonesia
  • Attock Cement Pakistan Limited
  • Idemitsu - Japan
  • Bayan Resources Tbk. - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Planning Commission, India
  • Moodys - Singapore
  • BRS Brokers - Singapore
  • Price Waterhouse Coopers - Russia
  • Indo Tambangraya Megah - Indonesia
  • Jaiprakash Power Ventures ltd
  • Binh Thuan Hamico - Vietnam
  • Ministry of Mines - Canada
  • Kideco Jaya Agung - Indonesia
  • MS Steel International - UAE
  • Standard Chartered Bank - UAE
  • U S Energy Resources
  • Holcim Trading Pte Ltd - Singapore
  • Medco Energi Mining Internasional
  • Arutmin Indonesia
  • UOB Asia (HK) Ltd
  • IEA Clean Coal Centre - UK
  • PowerSource Philippines DevCo
  • Runge Indonesia
  • Russian Coal LLC
  • Romanian Commodities Exchange
  • Ceylon Electricity Board - Sri Lanka
  • GN Power Mariveles Coal Plant, Philippines
  • Mjunction Services Limited - India
  • Thriveni
  • Oldendorff Carriers - Singapore
  • Bukit Baiduri Energy - Indonesia
  • KEPCO - South Korea
  • Barasentosa Lestari - Indonesia
  • Rudhra Energy - India
  • SN Aboitiz Power Inc, Philippines
  • Petrosea - Indonesia
  • CNBM International Corporation - China
  • Ministry of Transport, Egypt
  • GVK Power & Infra Limited - India
  • Coal Orbis AG
  • Gupta Coal India Ltd
  • Deloitte Consulting - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Semirara Mining Corp, Philippines
  • Marubeni Corporation - India
  • Renaissance Capital - South Africa
  • Tanito Harum - Indonesia