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

Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...


Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com -  Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...


Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...


Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe  reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...


Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community. The iron ore spot market is growing at a ...


   1067 1068 1069 1070 1071   
Showing 5341 to 5345 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 ...

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