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

Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...


Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...


Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants The bo ...


Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...


Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal. “We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...


   1206 1207 1208 1209 1210   
Showing 6036 to 6040 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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