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, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...


Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...


Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...


Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing  a 1.5 folds increase in revenue this year from Rp4. ...


Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...


   987 988 989 990 991   
Showing 4941 to 4945 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 ...

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