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

Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...


Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.    According to the new HBA regulation No. 41.K/MB.0 ...


Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...


Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...


Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...


   24 25 26 27 28   
Showing 126 to 130 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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