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, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...


Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...


Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...


Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...


Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...


   1129 1130 1131 1132 1133   
Showing 5651 to 5655 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 ...

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