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

Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) ...


Sunday, 18 April 10
THE FUTURES FOR THREE YEARS (2010-2012) FOR PANAMAX WAS AT AROUND US$ 21500 PER DAY - VISTAAR
COALspot.com: The BDI indices up by 3.30 pct and overall market continued to be firm except for India to Fareast. “The cape index for the f ...


Saturday, 17 April 10
DRY BULK SHIPPING MARKET ANALYSIS - BIMCO
Strong Chinese steel market is set to cushion the flood of new Capesize vessels entering the dry bulk fleet Demand: The first quarter of 2010 saw up ...


Saturday, 17 April 10
DRY BULK MARKET EDGES HIGHER ON STRONGER DEMAND
The dry bulk market managed to inch higher by the end of the week as brokers indicated that stronger cargo demand pushed freight rates that much hig ...


Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...


   1174 1175 1176 1177 1178   
Showing 5876 to 5880 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 ...

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