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, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed. ...


Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...


Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...


Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...


Saturday, 12 December 09
QUEENSLAND APPROVES A$4 BILLION COAL TERMINAL PROJECT
Queensland’s state government said it has signed a mandate approving development of the A$4 billion ($3.7 billion) Wiggins Island coal termina ...


   1234 1235 1236 1237 1238   
Showing 6176 to 6180 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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