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, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

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 May HBA was 27.73  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 between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third 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 52 coal types with a quality similar to the coal price markers.

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



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

Recent News

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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