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 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...


Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...


Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today. According to our market sources, Coas ...


Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...


Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656  million tons of coal for the period January – August this ...


   1117 1118 1119 1120 1121   
Showing 5591 to 5595 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 ...

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