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 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...


Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...


Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed. The opinion of the Sri Lankan atto ...


Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract". Under the deal, the firm ...


Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including  the stock markets. The main reason seems to be Chinese ne ...


   1202 1203 1204 1205 1206   
Showing 6016 to 6020 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 ...

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