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
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011


COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for thermal coal at US$ 127.05 per ton, which is 13.03 percent higher than January 2011 price of US$ 112.40.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The February  HBA was 44.68 percent higher compared with a year earlier.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) 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 basis spot contract. (supply within 12 months).

Director General Mineral and Coal have declared today coal reference price for February  2011.  The declared HBA was at US$ 127.05 per ton FOB vessel up by US$ 14.65 per ton or 13.03 percent compared with January  2011 Coal reference price.

January 2011 coal reference price was at US$ 112.40  per ton.

The declared ICPR in this month was the highest since the government starts to declare ICPR ( HBA) since February 2010. The lowest HBA was declared in April last year at US$ 86.50.

Government also declaring reference price for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other 52 coal types with a quality similar to the coal price markers.

For term sales of  above one year, the average of coal reference price for the last three months is used to set coal prices for a one-year contract.

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.

Click here for complete details of  Indonesian coal reference price.(cs)



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

Recent News

Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role. The National reported that, Dubai's utility company wil ...


Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...


Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...


Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...


Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...


   1086 1087 1088 1089 1090   
Showing 5436 to 5440 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 ...

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