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, 26 March 10
CHINA PLANS TO INCREASES IMPORT COAL GREATLY IN 2010
– Asia Pacific Coal Trading & Investment Outlook 2010- COALspot.com (Press Release): China plans to increase coal import significantly ...


Friday, 26 March 10
NTPC IN TALKS FOR INDONESIAN MINE - LIVE MINT
The deal for the coal mine with 1.8 bn tonnes of reserves may be valued at $1 bn Live Mint reported that, State-run power utility NTPC Ltd is in ta ...


Friday, 26 March 10
ESSAR GROUP SIGNS DEAL FOR INDONESIAN COAL MINE - BUSINESS LINE
Looking ahead The coal from the Indonesian mine would provide raw material to the group's power projects The Aries coal mines acquired by the gro ...


Thursday, 25 March 10
CHINA RAILWAY WINS $4.8 BILLION INDONESIA PROJECT - BLOOMBERG
Bloomberg reported that, China Railway Group Ltd. won a $4.8 billion order from PT Bukit Asam, Indonesia’s state-owned coal producer, for a co ...


Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...


   1183 1184 1185 1186 1187   
Showing 5921 to 5925 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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