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
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal commodities. The new rules are contained in the Minister of Energy and Mineral Resources Decree No. 41.K/MB.01/MEM.B/2023. 
 
Referring to the new regulation, there are three reference prices for coal.
 
The government, in this case the Ministry of Energy and Mineral Resources (ESDM) has officially changed the guideline for determining the benchmark price for the sale of coal commodities. The new rules are contained in the Minister of Energy and Mineral Resources Decree No. 41.K/MB.01/MEM.B/2023.
 
HBA (Calorific Value - 6200 - 6400 GAR coal)
The Reference Coal Price (in the equivalent calorific value of 6,322 kcal/kg GAR, Total Moisture 12.58%, Total Sulfur 0.71% and Ash 7.58%, the HBA is: HBA = (0.7*Pm) + (0.3 *Pm-1) (US$/ton) Pm is the average selling price of coal with calories 6,200 -6,400 kcal/kg GAR in the previous month (US$/ton) Pm-1 is the average selling price of coal with calories of 6,200 -6,400 kcal/kg GAR in the previous two months (US$/tonne).
 
HBA I (Calorific Value - 5100 - 5300 GAR coal)
The Reference Coal Price (in the equivalent calorific value of 5,200 kcal/kg GAR, Total Moisture 23.12%, Total Sulfur 0.69% and Ash 6%, the HBA is: HBA I = (0.7*Pm) + (0.3 *Pm-1) (US$/ton) Pm is the average selling price of coal with calories 5,100 -5,300 kcal/kg GAR in the previous month (US$/ton) Pm-1 is the average selling price of coal with calories of 5,100 -5,300 kcal/kg GAR in the previous two months (US$/tonne).


HBA II (Calorific Value - 4100 - 4300 GAR coal)
The Reference Coal Price II (in the equivalent calorific value of 4,200 kcal/kg GAR, Total Moisture 35.29%, Total Sulfur 0.2% and Ash 4.21%, the HBA: HBA II = (0.7*Pm) + (0.3*Pm-1) (US$/ton). Pm is the average selling price of coal with calories 4,100 -4,300 kcal/kg GAR in the previous month (US$/ton). Pm-1 is the average price selling coal with calories of 4,100 -4,300 kcal/kg GAR in the previous two months (US$/tonne)..

The implementation of this formula since 27 on February 2023. Any transactions on and after 27 February 2023 is subject to this new formula.


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

Recent News

Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...


Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...


Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...


Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...


Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...


   10 11 12 13 14   
Showing 56 to 60 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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