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

Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...


Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...


Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...


Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...


Friday, 04 December 09
KALIMANTAN GOLD AGREES TO SELL IBP COAL CONCESSION
COALspot.com ( Press Release): Kalimantan Gold Corporation Limited ("KLG" or the "Company"), which undertook drilling and had an ...


   1239 1240 1241 1242 1243   
Showing 6201 to 6205 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 ...

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