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

Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...


Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today. More than a half a dozen of Indian coal  t ...


Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...


Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...


Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...


   1060 1061 1062 1063 1064   
Showing 5306 to 5310 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 ...

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