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

Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...


Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...


Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard  reported that, India is expected to import nearly 60 million tonnes of thermal coal this year. After coking coal and iron ...


Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...


Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...


   1175 1176 1177 1178 1179   
Showing 5881 to 5885 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 ...

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