COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 49.42 A TON

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
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON


COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0.79 lesser than June 2011 Price.

This coal benchmark price was calcualted coal with calorie of 6,322kcal/kg (GAR), stated to be using formula based on the June 2011 index average of ICI-1 (Indonesia Coal Index), Platts-1, NEX (Newcastle Export Index), and GC (globalCoal Index).

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% (arb), Ash Content 15 % (arb) and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 July 2011.

The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since February  2010 to be used by coal producers for all future spot and term contracts. The June HBA was 22.33 percent higher Y-o-Y.

The price was only valid for spot price, while as for term price, the average referance price (HPB) of the previous 3 months.(50% of last month HPB, 30% of a month earlier HPB and 20% of two months earlier HPB) for coal contract at least 12 months.

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 54 coal types with a quality similar to the coal price markers.

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. According to industry, all existing coal supply agreements with Indonesian coal mining companies will have to be revised to comply with new coal pricing regulations before September 23, 2011.

As a result of the Indonesian new pricing formula, price of Indonesian coal will go up by $30 a tonne and lead to a INR 0.70  (Approx. US$ 0.015) per unit increase in cost of electricity generation, as quoted by an Indian paper.

Indonesian government also drafting a regulation to ban coal with calorific value below 5100 kcal/kg on air dried basis for the export market by 12 January 2014.  Indonesian coal producers were asked to add value for their product such as washing, crishing, blending and upgrading to have higher-value product prior to eye on the export market.

Raw coal export will also be restricted.

Indonesian physical coal prices also seem to be soft this week due to less demand from chinese buyers. Coal miner PT Bayan Resources Tbk, has recently entered into a conditional sales and purchase agreement to supply 100 million metric tons of low sulphur coal for 15 years commencing on 2015 to an Indian company.

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

Monday, 12 December 16
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this past week and ending on a negative note week ...


Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...


Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?” The on-line opinion poll conducted by COALspot.com ...


Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax Market remained firm - true mostly within Atlantic. Star performer USG remained its title, where Supras reached around USD 21k ...


Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 6094
News by Category
Popular News
 
Total Members : 27,094
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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