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, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...


Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...


Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
  Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...


Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...


Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...


   1156 1157 1158 1159 1160   
Showing 5786 to 5790 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 ...

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