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

Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points. B ...


Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank. The effort was ...


Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...


Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...


Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...


   1252 1253 1254 1255 1256   
Showing 6266 to 6270 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 ...

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