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

Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT
COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week end ...


Saturday, 24 December 11
CHINAS LEVEL OF GROWTH TO DETERMINE COURSE OF DRY BULK MARKET IN 2012 SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest report, shipbroker Intermodal attempted to find a silver lining in the tough year that was 2011, as well as what one could expect from ...


Friday, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS
Handy Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end.  Less spot cargoes seen, and owners are ...


Friday, 23 December 11
CONTENTIOUS ISSUES IN CONTRACT RENEGOTIATION - THE JAKARTA POST
The government has been renegotiating mining contracts, especially those 30-40 years old, with almost all mining companies, including PT Freeport In ...


Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT
COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power p ...


   982 983 984 985 986   
Showing 4916 to 4920 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 ...

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