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

Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft. The BDI was dow ...


Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...


Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...


Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association. ...


Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...


   1118 1119 1120 1121 1122   
Showing 5596 to 5600 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 ...

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