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

Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
We are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the bel ...


Monday, 09 September 19
INDIAN COMPANIES READY TO INVEST IN DEVELOPMENT OF NEW COAL DEPOSITS IN RUSSIA'S YAKUTIA - TASS
Indian metallurgical companies, which received trial batches of coal from Kolmar mining company, are satisfied with the quality of the products and ...


Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Colombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same ...


Monday, 09 September 19
ULTRAMAX: ASIA A 58,000-TONNER FIXED DELIVERY FUZHOU, VIA INDONESIA, REDELIVERY CHINA, AT $12,800
Capesize 0px The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed ...


Wednesday, 04 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
For yet another time, the market seems to have its own drivers. After a very disappointing first half, the recent recovery in the shipping market i ...


   1 2 3 4 5   
Showing 11 to 15 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 ...

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