COALspot.com The Ultimate coal portal
 Register Now
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com
  • Indonesian 5800 GAR coal (Physical) market direction: SOFT - COALspot.com's self assessment (updated on 10 MAY 2012)
  • Indonesia has shipped 30.64 Mmt of coal in March 2012 - Source
  • Indonesia has set the MAY 2012 Coal Reference Price at US$ 102.12 per ton
  • SGX AsiaClear OTC CFR South China Coal Swap for JUNE 2012 Contract has closed at US$ 95.10(-) on 17/5/12 18:00 UTC - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for JUNE 2012 Contract has closed at US$ 72.65(+) on 17/5/12 18:00 UTC - SGX

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

Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

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 contracts. The May HBA was 27.73  percent higher Y-o-Y.

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  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment 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.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.(cs)


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

Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy The market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...


Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...


Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...


Tuesday, 15 May 12
POTENTIAL BOOM OF CHINA’S COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...


Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points. The cape index was up by 2.41 pct closing at 1,61 ...


   1 2 3 4 5   
Showing 1 to 5 news of total 2142
News by Category

Popular News

 
Registered Members : 10,479
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register 		Forgot Password
 
Our Members Are From ...

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

 
 
 

About | Terms of Use | Privacy Policy | Disclaimer | Contact Us
COALspot.com All Rights Reserved 2009 - 2012