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, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...


Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...


Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...


Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment. The five-year surge ...


Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...


   1010 1011 1012 1013 1014   
Showing 5056 to 5060 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 ...

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