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, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...


Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...


Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...


Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...


Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011. China was a largest importer of Indonesi ...


   994 995 996 997 998   
Showing 4976 to 4980 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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