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, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...


Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...


Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify. ANZ senior commodities analyst Mark Pervan has increased h ...


Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...


Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...


   1218 1219 1220 1221 1222   
Showing 6096 to 6100 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 ...

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