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

Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 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 ...

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