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

Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...


Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...


Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...


Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year. Kuzbasskaya Topli ...


Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points. According to Vistaar Shipping of S ...


   1102 1103 1104 1105 1106   
Showing 5516 to 5520 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 ...

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