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, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...


Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected. The BDI saw a bigger drop compared to ...


Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for  transportation and sale of coal, which was the ...


Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of  Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan  h ...


Friday, 04 February 11
PERTAMINA DENIES KAREN AGUSTIAWAN RESIGNS FROM PERTAMINA
COALspot.com - The President Director of PT Pertamina, Karen Agustiawan reportedly will replace Darwin Saleh as Minister of Energy and Mineral Resou ...


   1077 1078 1079 1080 1081   
Showing 5391 to 5395 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 ...

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