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

Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...


Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...


Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...


Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...


Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact. Lower power generation and realisations saw ...


   1199 1200 1201 1202 1203   
Showing 6001 to 6005 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 ...

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