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, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...


Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...


Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...


Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.   ...


Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...


   122 123 124 125 126   
Showing 616 to 620 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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