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, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 or 3.4% percent lower than November 2011 price.The November's HBA was at US$ 116.65 per mt.

The Indonesian coal reference price, also known as the HBA, for December has fallen for the second consecutive month to US$112.67 /t, from US$119.24/t in October.

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 December 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 maximum of 12 months.

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

To see the histry of HBA,
click here



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

Recent News

Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...


Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...


Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...


Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...


Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...


   998 999 1000 1001 1002   
Showing 4996 to 5000 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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