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

Wednesday, 19 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...


Tuesday, 18 January 11
MINISTRY SEEKS COAL FROM INDONESIA - SUNDAY OBSERVER
Sunday Observer reported that, Ministry of Power and Energy is to explore the possibilities of importing quality coal from Indonesia. Minister Pa ...


Tuesday, 18 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...


Sunday, 16 January 11
STANCHART GLOBAL RESEARCH SEES COAL PRICE RISING ON SUPPLY DISRUPTION - BURSA MALAYSIA MARKET NEWS
Bursa Malaysia Market News reported that, Standard Chartered Global Research has upgraded its 2011 forecasts for global thermal coal prices based on ...


Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...


   1083 1084 1085 1086 1087   
Showing 5421 to 5425 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 ...

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