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, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...


Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...


Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...


Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...


Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...


   1149 1150 1151 1152 1153   
Showing 5751 to 5755 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 ...

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