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, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...


Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...


Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...


Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct  pushing the BDI by almost 6 pct and closing at 1,920 point ...


Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...


   1011 1012 1013 1014 1015   
Showing 5061 to 5065 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 ...

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