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, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...


Friday, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY). ...


Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipm ...


Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf di ...


Thursday, 19 April 12
WILLIS MARINE MARKET REVIEW FORECASTS ANOTHER DIFFICULT YEAR - WILLIS GLOBAL MARINE / HELLENIC SHIPPING
After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the ...


   951 952 953 954 955   
Showing 4761 to 4765 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 ...

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