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
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly lower than July or 0.87 percent lesser than July 2011 price.

The Indonesian coal reference price, also known as the HBA, for August has fallen for the third consecutive month to US$117.21/t, from US$118.24/t in July.

The HBA has continued to fall since June. The HBA is the minimum price used for the calculation of taxes for producers pay for all future exports and domestic coal sales.  It is calculated using a basket of indices, including the price is a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index 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 0.80%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel supply between 1 – 31 August 2011.

Eight brands of Indonesian coal which are most commonly traded in the market.  The price marker is used to calculate other coal types with a quality similar to the coal price markers. For spot sales of 11-month or below 11-month supplies, will use coal price reference from the month of loading or B/L date.

For term contracts, the average of coal price reference for the last three months (from the month of price conclusion)  is used to set coal prices for a one-year contract. Supplies are limited to a maxium of 12 months.

For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...


Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...


Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...


Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
  COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...


Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...


   1028 1029 1030 1031 1032   
Showing 5146 to 5150 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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