COALspot.com keeps you connected across the coal world
  • THE MEoMR OF INDONESIA HAS REVISED DOWN DECEMBER 2018 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 92.51 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM

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


WTI Crude Oil

BRENT Crude Oil

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

Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...


Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...


Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...


Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...


Wednesday, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5332
News by Category
Popular News
 
Total Members : 25,664
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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