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

Wednesday, 26 October 11
PWCS GLOBAL SHIPPING BENCHMARKING ANALYSIS: RECOVERY IN 2010 BUT GREAT UNCERTAINLY FOR 2011
The recovery of global trade in 2010 to the same levels as 2008 led to an improvement in the overall performance of shipping companies in 2010 compa ...


Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...


Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...


Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...


Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...


   1001 1002 1003 1004 1005   
Showing 5011 to 5015 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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