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

Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks. Bank of Tokyo Mitsubishi ...


Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...


Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...


Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy. Shareholders will get a combine ...


Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...


   1173 1174 1175 1176 1177   
Showing 5871 to 5875 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 ...

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