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

Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...


Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...


Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...


Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...


Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...


   1048 1049 1050 1051 1052   
Showing 5246 to 5250 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 ...

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