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

Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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