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, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...


Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...


Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...


Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...


Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...


   1223 1224 1225 1226 1227   
Showing 6121 to 6125 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 ...

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