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

Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...


Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...


Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...


Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said. Due to Ram ...


Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...


   1019 1020 1021 1022 1023   
Showing 5101 to 5105 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 ...

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