COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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

Friday, 30 October 15
CHINESE MINERAL IMPORTS: MOVING ON FROM INDONESIA? - CLARKSONS
China has accounted for almost 90% of global imports of nickel ore and bauxite in recent years and was therefore heavily hit by the Indonesian mine ...


Friday, 30 October 15
COAL PRODUCTION IN THE UNITED STATES INCREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...


Thursday, 29 October 15
IRAN'S RETURN TO OIL MARKETS WILL HAVE TEMPERED IMPACT FOR THE TANKER SHIPPING INDUSTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While many analysts appear to be fearful of a potential incremental rise in tanker ships’ supply, as a result of the imminent return of Iran ...


Thursday, 29 October 15
Q2' 16 FOB INDONESIA COAL SWAP CLOSED US$ 37.40 PER TON; DECLINED 5.56 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week. The Q4 swap declined $ 2.13 (-5.34%) per t ...


Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month. The Q4 swap was d ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5538
News by Category
Popular News
 
Total Members : 26,487
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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