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

Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore. BDI hits a new high ...


Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...


Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...


Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...


Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...


   1245 1246 1247 1248 1249   
Showing 6231 to 6235 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 ...

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