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, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...


Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...


Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...


Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...


   1046 1047 1048 1049 1050   
Showing 5236 to 5240 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 ...

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