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, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...


Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...


Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK Handy The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...


Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010 IPFA TO JOIN INF ...


Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...


   1203 1204 1205 1206 1207   
Showing 6021 to 6025 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 ...

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