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

Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...


Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...


Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...


Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 poi ...


Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...


   1097 1098 1099 1100 1101   
Showing 5491 to 5495 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 ...

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