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

Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...


Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...


Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...


Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum  for power plants at Toranagallu and Jaigad. Accordign to JSWE's websit ...


Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


   1087 1088 1089 1090 1091   
Showing 5441 to 5445 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 ...

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