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

Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...


Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...


Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...


Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...


   985 986 987 988 989   
Showing 4931 to 4935 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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