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, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link A 130-kilometre railway that will ease the transport of raw materials and finish ...


Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...


Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...


Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...


Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...


   1233 1234 1235 1236 1237   
Showing 6171 to 6175 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 ...

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