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, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...


Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...


Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...


Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...


Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
  COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...


   1031 1032 1033 1034 1035   
Showing 5161 to 5165 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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