COALSPOT.COM IS A BRAND NAME, NOT A PORTAL NAME Friday, 24 May 2013
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com
  • Indonesian 5800 GAR coal (Physical) market direction: FLAT - COALspot.com's self assessment (updated on 15/5/13)
  • Indonesia has set the MAY 2013 Coal Price Reference at US$ 85.33 per ton
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q4 2013 Contract - $63.73 (-0.01% dod) 23/5 8pm SG time - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q3 2014 Contract - $63.45 (0.00% dod) 23/5 8pm SG time - SGX

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, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST


Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.

The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.

"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.

According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.

The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.

On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.

Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA  has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80%  Y-o-Y.

The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.

Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price.
(additional reports by COALspot.com)


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

Recent News

Thursday, 16 May 13
PANAMAX: THE FORWARD CURVE IS FALLING GRADUALLY - FEARNRESEARCH
Handy The Atlantic market remained quiet. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The Pacific market remained uncertain as ...


Tuesday, 14 May 13
KALIMANTAN COAL
Press Release : After a very successful conference in 2012, the second annual event will address latest market developments and address the future p ...


Tuesday, 14 May 13
NEWCASTLE PORT'S COAL EXPORTS FALL 6.83 PERCENT
COALspot.com - Newcastle port in Australia has loaded 2,771,891 tons of thermal and coking coal for week ended  0700 hours 13 May 2013, Newcast ...


Monday, 13 May 13
SGX ASIACLEAR OTC COAL SWAPS : RELATIVELY STABLE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.15 percent and API 8 CFR South China Coal shipment&nb ...


Saturday, 11 May 13
INDONESIA TO INDIA COAL FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK
COALspot.com - This week the market remained flat compared to last week. BDI slightly up 0.68 pct and closed at 884 points and the cape size index u ...


   1 2 3 4 5   
Showing 11 to 15 news of total 2600
News by Category
Popular News
 
Registered Members : 15,150

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

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