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
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON


COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.43 per ton, which is 3.63 percent lesser than February 2011 price of US$ 127.05.

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 March HBA was 41.30 percent higher Y-o-Y.

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 yesterday coal reference price for March 2011 and also Introduced two new coal brands.  The declared HBA was at US$ 122.43 per ton FOB vessel drops by US$ 4.62 per ton or 3.63 percent compared with February 2011 Coal reference price.


February 2011 coal reference price was at US$ 127.05  per ton.

The declared ICPR in this month is dropped by US$ 4.62 per mt and first dropped in last five months.

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 53 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) (updated 09/03/11 19:03)



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

Recent News

Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...


Thursday, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...


Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today. Seven Indian coal  traders have submitted price bid to sup ...


Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...


Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...


   1066 1067 1068 1069 1070   
Showing 5336 to 5340 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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