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 : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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