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, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.02 per ton, which was 0.33 percent lesser than March 2011 price of US$ 122.43.

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 April HBA was 41.06  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  and applicable for spot contract, delivery within 1 - 30 April 2011. Any deliver of cargo after 30 April, must be used May 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for April  2011. The declared HBA was at US$ 122.02 per ton FOB vessel a marginal drop of US$ 0.41 per ton or down 0.33 percent compared with March 2011 Coal reference price. Government has taken around eighteen days to release April HBA and also done some significant changes in formulas to determine coal prices for Indonesian coals.

March 2011 coal reference price was at US$ 122.43  per ton.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the second continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 53 coal types with a quality similar to the coal price markers.

For sales in the barge, the reference price is reduced by barging and transshipment costs from the barge to the 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 prices since Feb 2010.(cs)



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

Recent News

Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...


Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...


Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world. Press Release - Total Sinergy ...


Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...


Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
COALspot.com -  Indonesian coal exports jumped 23.31 percent  during March 2011. The world’s largest coal exporter shipped  27, ...


   1058 1059 1060 1061 1062   
Showing 5296 to 5300 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 ...

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