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, 04 August 10
MALAYSIA'S AGATE GROUP TIES UP WITH INDIA'S ECOGREEN TO DEVELOP COAL BUSINESS
COALspot.com: "Malaysian based AGATE Group had entered into an agreement with India's EcoGreen  to jointly develop coal business in India ...


Wednesday, 04 August 10
ADARO PRODUCED 21.62 MILLION TONS OF COAL IN 1H 2010
COALspot.com: “Adaro Energy’s production volume during the second quarter of 2010 was 10.26 million tones and for the first half of 2010 ...


Wednesday, 04 August 10
CIL TO TAKE UP NEW PROJECT TO MEET INCREASED DEMAND OF COAL
As part of Annual Plan 2010-11, Planning Commission has projected all India demand of coal 656.31 Million Tonnes against which the indigenous supply ...


Tuesday, 03 August 10
INDONESIA CONSIDERING RUPIAH DENOMINATION
The jakarta post reportd that, the central bank is deliberating a potential Rupiah denomination in light of decreasing exchange rate valuations agai ...


Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...


   1135 1136 1137 1138 1139   
Showing 5681 to 5685 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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