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
Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly lower than August or 0.81 percent lesser than August 2011 price.

The Indonesian coal reference price, also known as the HBA, for August has fallen for the fourth consecutive month to US$116.26 /t, from US$117.21/t in August.

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 – 30 September 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

Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...


Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...


Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...


Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct  pushing the BDI by almost 6 pct and closing at 1,920 point ...


Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...


   1011 1012 1013 1014 1015   
Showing 5061 to 5065 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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