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

Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...


Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...


Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...


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 U ...


Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...


   996 997 998 999 1000   
Showing 4986 to 4990 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 ...

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