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, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...


Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...


Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...


Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...


Thursday, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program. Minister of En ...


   1246 1247 1248 1249 1250   
Showing 6236 to 6240 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 ...

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