COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY


COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since February  2010 to be used by coal producers for all future spot and term coal sales contracts.

Coal price reference (HBA), the price has calculated based on a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index 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 supply between 1 - 30 November 2010.

The declared coal price reference for December  2010 is US$ 103.41 per Ton FOB vessel up by US$ 7.90 or 8.27 percent compared to November 2010 Coal price reference. November2010 coal price reference was at US$ 95.51 per ton.

The declared ICPR in December was the highest in 2010 or since the government starts to declare ICPR ( HBA) Since February 2010. The lowest HBA of this year was declared in April 2010.

Government also declaring price reference for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers.

For spot sales of below one year, it will use coal price reference from the previous month and term contracts, the average of coal price reference for the last three months is used to set coal prices for a one-year contract for the following year.

For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.


The coal price reference, 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 price reference (cs)



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

Recent News

Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...


Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...


Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...


Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...


Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...


   1091 1092 1093 1094 1095   
Showing 5461 to 5465 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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