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, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at US$ 116.65 per ton, which is 2.17percent lesser than October 2011 price.

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 November HBA is 22.13 percent higher compared to the same month in 2010.

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 - 30 November 2011.

Any deliver of cargo after 30 November, must be used the particular month's HPB unless the deliveries fall under term contract.

The November HBA is a marginal drop of US$ 2.59 per ton or down 2.17 percent compared with October 2011 Coal reference price. Government has taken around 10 days to release this month HBA.

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 53coal types with a quality similar to the coal price markers.

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

The coal reference price has been established to fulfill the requirement of mining law 04/2009 and the ministerial decree no.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 January 2009.(cs)



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

Recent News

Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT
COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week end ...


Saturday, 24 December 11
CHINAS LEVEL OF GROWTH TO DETERMINE COURSE OF DRY BULK MARKET IN 2012 SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest report, shipbroker Intermodal attempted to find a silver lining in the tough year that was 2011, as well as what one could expect from ...


Friday, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS
Handy Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end.  Less spot cargoes seen, and owners are ...


Friday, 23 December 11
CONTENTIOUS ISSUES IN CONTRACT RENEGOTIATION - THE JAKARTA POST
The government has been renegotiating mining contracts, especially those 30-40 years old, with almost all mining companies, including PT Freeport In ...


Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT
COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power p ...


   982 983 984 985 986   
Showing 4916 to 4920 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 ...

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