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, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...


Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...


Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...


Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points. Also the Cape in ...


Friday, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...


   1111 1112 1113 1114 1115   
Showing 5561 to 5565 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 ...

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