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, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...


Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.  The Cape index up by 10.32 pct ...


Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...


Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...


Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...


   1187 1188 1189 1190 1191   
Showing 5941 to 5945 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 ...

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