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

Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...


Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...


Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...


Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...


Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...


   10 11 12 13 14   
Showing 56 to 60 news of total 6871
News by Category
Popular News
 
Total Members : 28,703
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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