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

Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...


Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...


Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...


Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...


Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...


   1219 1220 1221 1222 1223   
Showing 6101 to 6105 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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