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, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...


Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...


Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...


Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum  for power plants at Toranagallu and Jaigad. Accordign to JSWE's websit ...


Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


   1087 1088 1089 1090 1091   
Showing 5441 to 5445 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 ...

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