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

Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...


Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...


Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...


Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...


Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...


   980 981 982 983 984   
Showing 4906 to 4910 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 ...

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