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

Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy A  sluggish  start  to  the  week  in  the  Atlantic  with  little  fresh  busin ...


Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive  reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...


Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...


Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that,  Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...


Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...


   1184 1185 1186 1187 1188   
Showing 5926 to 5930 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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