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

Tuesday, 23 February 10
UAE COMPANY TO ACQUIRE CONTROL OF ALLBOND MAKMUR
The Jakarta globe reported that, Renuka Energy Resources Holding, based in the United Arab Emirates, has signed an agreement to acquire 80 percent o ...


Tuesday, 23 February 10
CIL SHORTLISTS 24 FOREIGN COS FOR JV
India's Economic Times reported that, Coal India has shortlisted 24 foreign firms — six each from the US, Australia, South Africa and Indones ...


Saturday, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY
COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had ...


Friday, 19 February 10
MAKING THE JOINT COOPERATION OF PRIVATE GOVERNMENT IN INDONESIA
COALspot.com - Press Release 1. Revision of the presidential decree 67/2005 has been signed by the President on January 28, 2010 with the public ...


Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY The  BSI  still  decline  as  holidays  around  the  world  have  reduced  trading. ...


   1194 1195 1196 1197 1198   
Showing 5976 to 5980 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 ...

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