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, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...


Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...


Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017 Tehelka reported that, CESC Ltd, the fla ...


Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy Not  much  fresh  enquiry  this  week  and  quite  dead  in  Bl.Sea/Med. Nevertheless  ...


Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...


   1093 1094 1095 1096 1097   
Showing 5471 to 5475 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 ...

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