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, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...


Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...


Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...


Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal. The tender document also mentioned tha ...


Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...


   1004 1005 1006 1007 1008   
Showing 5026 to 5030 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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