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 : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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