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, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...


Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...


Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...


Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.   The cou ...


Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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