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
Thursday, 03 September 15
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO REVISE HBA METHODOLOGY
coal price up imageCOALspot.com: Ministry of Energy and Mineral Resources (ESDM) in process to revise Indonesian Coal Price Reference (HBA) and expected to complete by this month. According to media reports, the government wants the Indonesian Coal Price Reference to reflect its true value of Indonesian coal.

According to local media reports, the government is in opinion that, Indonesia is a low calorific value coal producer and export, where’s the current HBA was based on high calorific value. Hence a significant revision is required particularly the basis of coal that used to calculate monthly Indonesian Coal Price Reference (HBA).

The current HBA was calculated based on calorific value of 6,322 kcal/kg (GAR), using a formula based on the average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25% and its was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8% (arb), Ash Content 15 % (arb). It is not clear that, whether the government sill going to use the average of three international indices or it is going to revise the formula purely based on Indonesian coal.

The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT for 6322 GAR coal in August 2015. The August price reference for Indonesian coal declined just 0.03% or US cents 2 per MT month over month and lost 7.36% year to date. Indonesian thermal coal reference price or called HBA recorded the lowest level in 80 months in August or since launching of HBA by the government of Indonesia in January 2009.

The new methodology for calculating Indonesian Coal Price Reference (HBA), may push up the minimum selling price of Indonesian coal in the future. 


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

Recent News

Thursday, 16 July 15
INDONESIA'S HBA HITS ALL-TIME LOW OF $59.16 PER METRIC TON IN JULY 2015
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.16 pe ...


Thursday, 16 July 15
FOB RICHARDS BAY COAL SWAPS DECLINE W-O-W, M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week. The Q3 swap was down US$ ...


Wednesday, 15 July 15
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
The last few weeks have been rather strenuous for Greece and China, each for their own reasons, affecting most markets around the world. In Greece ...


Wednesday, 15 July 15
IRAN OIL RECOVERY TO TAKE YEARS, BUT COULD START IN 2016 - FITCH
Iranian crude oil production is likely to increase in 2016 but will take a number of years to reach its previous peak, Fitch Ratings says. The ...


Wednesday, 15 July 15
SAS TO BUILD 108 KM ROAD FOR COAL IN JAMBI, SAYS JAKARTA POST
Jambi Governor Hasan Basri Agus said on Sunday that mining company PT Sinar Anugerah Sukses (SAS) would develop a 108-kilometer road with a width o ...


   583 584 585 586 587   
Showing 2921 to 2925 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
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
  • GN Power Mariveles Coal Plant, Philippines
  • Total Coal South Africa
  • Madhucon Powers Ltd - India
  • Chamber of Mines of South Africa
  • KPMG - USA
  • Mercuria Energy - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Makarim & Taira - Indonesia
  • Russian Coal LLC
  • Indian School of Mines
  • Surastha Cement
  • Bukit Makmur.PT - Indonesia
  • CIMB Investment Bank - Malaysia
  • Sucofindo - Indonesia
  • TeaM Sual Corporation - Philippines
  • Toyota Tsusho Corporation, Japan
  • Petrochimia International Co. Ltd.- Taiwan
  • Mercator Lines Limited - India
  • Bank of America
  • Mitsubishi Corporation
  • Karaikal Port Pvt Ltd - India
  • Global Business Power Corporation, Philippines
  • Indonesia Power. PT
  • ING Bank NV - Singapore
  • Bank of China, Malaysia
  • TNPL - India
  • UBS Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • J M Baxi & Co - India
  • Anglo American - United Kingdom
  • ICICI Bank Limited - India
  • Platts
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • AsiaOL BioFuels Corp., Philippines
  • Pinang Coal Indonesia
  • Tamil Nadu electricity Board
  • Jaiprakash Power Ventures ltd
  • Coal and Oil Company - UAE
  • ANZ Bank - Australia
  • Adani Power Ltd - India
  • Binh Thuan Hamico - Vietnam
  • San Jose City I Power Corp, Philippines
  • Argus Media - Singapore
  • PLN - Indonesia
  • Bangladesh Power Developement Board
  • Samsung - South Korea
  • Altura Mining Limited, Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Vale Mozambique
  • Carbofer General Trading SA - India
  • Deutsche Bank - India
  • SMC Global Power, Philippines
  • Siam City Cement - Thailand
  • Tata Chemicals Ltd - India
  • McKinsey & Co - India
  • Wilmar Investment Holdings
  • Standard Chartered Bank - UAE
  • Freeport Indonesia
  • Heidelberg Cement - Germany
  • McConnell Dowell - Australia
  • Mjunction Services Limited - India
  • Thermax Limited - India
  • IBC Asia (S) Pte Ltd
  • APGENCO India
  • IOL Indonesia
  • KOWEPO - South Korea
  • Meralco Power Generation, Philippines
  • Thriveni
  • Samtan Co., Ltd - South Korea
  • Indo Tambangraya Megah - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Simpson Spence & Young - Indonesia
  • Parry Sugars Refinery, India
  • Baramulti Group, Indonesia
  • Tanito Harum - Indonesia
  • Videocon Industries ltd - India
  • Africa Commodities Group - South Africa
  • Kumho Petrochemical, South Korea
  • Essar Steel Hazira Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • EIA - United States
  • Bhatia International Limited - India
  • Sakthi Sugars Limited - India
  • CoalTek, United States
  • The India Cements Ltd
  • Thomson Reuters GRC
  • Georgia Ports Authority, United States
  • Eastern Coal Council - USA
  • Australian Coal Association
  • Bayan Resources Tbk. - Indonesia
  • Fearnleys - India
  • CCIC - Indonesia
  • Cardiff University - UK
  • Uttam Galva Steels Limited - India
  • Port Waratah Coal Services - Australia
  • Shenhua Group - China
  • SMG Consultants - Indonesia
  • Indian Energy Exchange, India
  • Renaissance Capital - South Africa
  • Borneo Indobara - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Meenaskhi Energy Private Limited - India
  • Australian Commodity Traders Exchange
  • India Bulls Power Limited - India
  • Credit Suisse - India
  • globalCOAL - UK
  • Indogreen Group - Indonesia
  • Panama Canal Authority
  • PNOC Exploration Corporation - Philippines
  • KPCL - India
  • International Coal Ventures Pvt Ltd - India
  • Geoservices-GeoAssay Lab
  • OCBC - Singapore
  • GMR Energy Limited - India
  • Berau Coal - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • BRS Brokers - Singapore
  • Arutmin Indonesia
  • Barasentosa Lestari - Indonesia
  • Maybank - Singapore
  • Mitsui
  • Qatrana Cement - Jordan
  • CNBM International Corporation - China
  • OPG Power Generation Pvt Ltd - India
  • White Energy Company Limited
  • Neyveli Lignite Corporation Ltd, - India
  • Latin American Coal - Colombia
  • Coal India Limited
  • Star Paper Mills Limited - India
  • IMC Shipping - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Larsen & Toubro Limited - India
  • Coastal Gujarat Power Limited - India
  • CESC Limited - India
  • Medco Energi Mining Internasional
  • Bulk Trading Sa - Switzerland
  • Glencore India Pvt. Ltd
  • Goldman Sachs - Singapore
  • Savvy Resources Ltd - HongKong
  • Kobexindo Tractors - Indoneisa
  • DBS Bank - Singapore
  • Lanco Infratech Ltd - India
  • Orica Australia Pty. Ltd.
  • Rudhra Energy - India
  • Mitra SK Pvt Ltd - India
  • Singapore Mercantile Exchange
  • World Coal - UK
  • Leighton Contractors Pty Ltd - Australia
  • TNB Fuel Sdn Bhd - Malaysia
  • U S Energy Resources
  • Noble Europe Ltd - UK
  • TRAFIGURA, South Korea
  • Interocean Group of Companies - India
  • Xindia Steels Limited - India
  • Straits Asia Resources Limited - Singapore
  • Petrosea - Indonesia
  • TANGEDCO India
  • Electricity Generating Authority of Thailand
  • SRK Consulting
  • Sarangani Energy Corporation, Philippines
  • Jindal Steel & Power Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Arch Coal - USA
  • Britmindo - Indonesia
  • Price Waterhouse Coopers - Russia
  • Bangkok Bank PCL
  • PTC India Limited - India
  • Indian Oil Corporation Limited
  • Central Java Power - Indonesia
  • Oldendorff Carriers - Singapore
  • Deloitte Consulting - India
  • Banpu Public Company Limited - Thailand
  • Cargill India Pvt Ltd
  • Rio Tinto Coal - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Minerals Council of Australia
  • Petron Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Mintek Dendrill Indonesia
  • Ministry of Transport, Egypt
  • Maersk Broker
  • Semirara Mining Corp, Philippines
  • RBS Sempra - UK
  • Ceylon Electricity Board - Sri Lanka
  • Tata Power - India
  • Platou - Singapore
  • Lafarge - France
  • PetroVietnam Power Coal Import and Supply Company
  • European Bulk Services B.V. - Netherlands
  • The State Trading Corporation of India Ltd
  • EMO - The Netherlands
  • Asian Development Bank
  • GB Group - China
  • Kapuas Tunggal Persada - Indonesia
  • Permata Bank - Indonesia
  • Vitol - Bahrain
  • Chettinad Cement Corporation Ltd - India
  • Shree Cement - India
  • Barclays Capital - USA
  • Runge Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • bp singapore
  • Gujarat Sidhee Cement - India
  • Metalloyd Limited - United Kingdom
  • Sindya Power Generating Company Private Ltd
  • Attock Cement Pakistan Limited
  • Adaro Indonesia
  • IHS Mccloskey Coal Group - USA
  • Directorate Of Revenue Intelligence - India
  • Intertek Mineral Services - Indonesia
  • Maruti Cements - India
  • Planning Commission, India
  • Coalindo Energy - Indonesia
  • Independent Power Producers Association of India
  • Commonwealth Bank - Australia
  • Globalindo Alam Lestari - Indonesia
  • Energy Development Corp, Philippines
  • Gresik Semen - Indonesia
  • Marubeni Corporation - India
  • Thiess Contractors Indonesia
  • Formosa Plastics Group - Taiwan
  • GNFC Limited - India
  • PLN Batubara - Indonesia
  • Riau Bara Harum - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • PetroVietnam
  • Cosco
  • Rashtriya Ispat Nigam Limited - India
  • Timah Investasi Mineral - Indoneisa
  • KEPCO - South Korea
  • JPower - Japan
  • Mechel - Russia
  • Asia Cement - Taiwan
  • Parliament of New Zealand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Thailand Anthracite
  • GVK Power & Infra Limited - India
  • Bhoruka Overseas - Indonesia
  • Agrawal Coal Company - India
  • Gujarat Mineral Development Corp Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Edison Trading Spa - Italy
  • Maharashtra Electricity Regulatory Commission - India
  • SASOL - South Africa
  • LBH Netherlands Bv - Netherlands
  • Miang Besar Coal Terminal - Indonesia
  • BNP Paribas - Singapore
  • Ministry of Finance - Indonesia
  • NTPC Limited - India
  • Cement Manufacturers Association - India
  • VISA Power Limited - India
  • Japan Coal Energy Center
  • Romanian Commodities Exchange
  • Directorate General of MIneral and Coal - Indonesia
  • Merrill Lynch Bank
  • NALCO India
  • Pendopo Energi Batubara - Indonesia
  • Therma Luzon, Inc, Philippines
  • Indonesian Coal Mining Association
  • Power Finance Corporation Ltd., India
  • Semirara Mining and Power Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Coeclerici Indonesia
  • Idemitsu - Japan
  • GHCL Limited - India
  • Bhushan Steel Limited - India
  • Siam City Cement PLC, Thailand
  • Indika Energy - Indonesia
  • Posco Energy - South Korea
  • Inspectorate - India
  • Trasteel International SA, Italy
  • Malco - India
  • Salva Resources Pvt Ltd - India
  • Moodys - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Antam Resourcindo - Indonesia
  • Inco-Indonesia
  • New Zealand Coal & Carbon
  • Sojitz Corporation - Japan
  • Orica Mining Services - Indonesia
  • Coal Orbis AG
  • Vedanta Resources Plc - India
  • GAC Shipping (India) Pvt Ltd
  • Gujarat Electricity Regulatory Commission - India
  • Aditya Birla Group - India
  • Thai Mozambique Logistica
  • PowerSource Philippines DevCo
  • Ind-Barath Power Infra Limited - India
  • The University of Queensland
  • Ambuja Cements Ltd - India
  • Bharathi Cement Corporation - India
  • Electricity Authority, New Zealand
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Dalmia Cement Bharat India
  • SUEK AG - Indonesia
  • MS Steel International - UAE
  • HSBC - Hong Kong
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Enel Italy
  • WorleyParsons
  • Ernst & Young Pvt. Ltd.
  • ACC Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • UOB Asia (HK) Ltd
  • World Bank
  • TGV SRAAC LIMITED, India
  • Clarksons - UK
  • Eastern Energy - Thailand
  • Economic Council, Georgia
  • Gupta Coal India Ltd
  • Jatenergy - Australia
  • Vizag Seaport Private Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • ASAPP Information Group - India
  • Ince & co LLP
  • Asmin Koalindo Tuhup - Indonesia
  • Xstrata Coal
  • Energy Link Ltd, New Zealand
  • Ministry of Mines - Canada
  • Sical Logistics Limited - India
  • Kobe Steel Ltd - Japan
  • Cebu Energy, Philippines
  • ETA - Dubai
  • Reliance Power - India
  • Aboitiz Power Corporation - Philippines
  • SGS (Thailand) Limited
  • Kaltim Prima Coal - Indonesia
  • Wood Mackenzie - Singapore
  • Sree Jayajothi Cements Limited - India
  • Merrill Lynch Commodities Europe
  • London Commodity Brokers - England
  • Bukit Baiduri Energy - Indonesia
  • Humpuss - Indonesia
  • Coaltrans Conferences
  • Core Mineral Indonesia
  • Peabody Energy - USA
  • Central Electricity Authority - India
  • Malabar Cements Ltd - India
  • Infraline Energy - India
  • Alfred C Toepfer International GmbH - Germany
  • Kideco Jaya Agung - Indonesia
  • Cemex - Philippines
  • Grasim Industreis Ltd - India
  • JPMorgan - India
  • South Luzon Thermal Energy Corporation
  • MEC Coal - Indonesia
  • Indorama - Singapore
  • Manunggal Multi Energi - Indonesia
  • The Treasury - Australian Government
  • Iligan Light & Power Inc, Philippines