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

Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...


Friday, 20 November 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 ...


Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to dat ...


Tuesday, 17 November 20
COAL SQUEEZE INTENSIFIES - BALTIC EXCHANGE
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff s ...


Tuesday, 17 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 128.72 points Monday, up 0.35 percent week on week.   The index, released by China ...


   145 146 147 148 149   
Showing 731 to 735 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 ...

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