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
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011


COALspot.com -
 Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal coal at US$ 112.40 per ton. The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term coal sales contracts.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month. Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis spot contract. (supply within 12 months).

The declared coal reference price for January 2011 is US$ 112.40 per ton FOB vessel up by US$ 8.99 per ton or 8.69 percent compared to December 2010 Coal reference price. December 2010 coal reference price was at US$ 103.41 per ton.

The declared ICPR in this month was the highest since the government starts to declare ICPR ( HBA) price from  February 2010. The lowest HBA was declared in April last year.

Government also declaring reference price for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other 52 coal types with a quality similar to the coal price markers.

For term sales of  above one year, the average of coal reference price for the last three months is used to set coal prices for a one-year contract.

For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers. (Updated News)

Click here for complete details of Indonesian coal reference price
(cs)



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

Recent News

Tuesday, 08 December 20
MARKET ANALYSIS - ALLIED SHIPPING
It is now undisputed that oil consumption for 2020 will post a considerable drop, as demand for several petroleum products has plummeted since the ...


Tuesday, 08 December 20
PANAMAX: THE OVERALL MARKET SEEMS TO BE UNDER NEGATIVE PRESSURE - ALLIED
Capesize A rather indifferent week for the Capesize market, with BCI 5TC figure finishing the week with slight losses of 0.8%. The Atlantic enj ...


Friday, 04 December 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Friday, 04 December 20
THE INDONESIA COAL PRICE REFERENCE REACHES THREE MONTH HIGH ON IMPROVING DEMAND OUTLOOK
COALspot.com: The Indonesia Coal Price Reference reaches three month high on improving demand outlook . The Indonesia Coal Price Reference rose by& ...


Wednesday, 02 December 20
GLOBAL MINING SECTOR OUTLOOK STABLE DUE TO CHINA'S RECOVERY - FITCH RATINGS
China’s post-pandemic economic recovery and sizeable infrastructure-focused government stimulus boosted global metals and mining prices, help ...


   142 143 144 145 146   
Showing 716 to 720 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 ...

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