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

Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal. &q ...


Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...


Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...


Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...


Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...


   1095 1096 1097 1098 1099   
Showing 5481 to 5485 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 ...

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