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, 18 April 21
INDONESIA LIKELY TO WITNESS 119 OIL AND GAS PROJECTS STARTS ACROSS VALUE CHAIN BY 2025, SAYS GLOBALDATA
Indonesia is expected to witness 119 oil and gas projects commencing their operations across value chain during 2021-2025, accounting for 6% of the ...


Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...


Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...


Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply   India has stockpiled a record 132 million tonnes of coal – enough t ...


Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations   The emerg ...


   118 119 120 121 122   
Showing 596 to 600 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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