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, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...


Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...


Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing. The BD ...


Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...


Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...


   1163 1164 1165 1166 1167   
Showing 5821 to 5825 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 ...

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