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

Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...


Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...


Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...


Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...


Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...


   25 26 27 28 29   
Showing 131 to 135 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 ...

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