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

Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...


Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...


Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...


Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...


Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


   1091 1092 1093 1094 1095   
Showing 5461 to 5465 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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