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, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...


Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...


Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...


Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...


   985 986 987 988 989   
Showing 4931 to 4935 news of total 6871
News by Category
Popular News
 
Total Members : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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