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

Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...


Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...


Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...


Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...


Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...


   1122 1123 1124 1125 1126   
Showing 5616 to 5620 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 ...

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