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

Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...


Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...


Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...


Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...


Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...


   1043 1044 1045 1046 1047   
Showing 5221 to 5225 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 ...

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