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

Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...


Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...


Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...


Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...


Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy The Atlantic market kept its strong position from last week.  Even with fewer fixtures reported.  Fronthauls still around 25k, wit ...


   997 998 999 1000 1001   
Showing 4991 to 4995 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 ...

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