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

Thursday, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...


Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...


Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...


Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...


Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...


   981 982 983 984 985   
Showing 4911 to 4915 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 ...

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