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, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...


Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...


Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...


Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...


Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...


   1267 1268 1269 1270 1271   
Showing 6341 to 6345 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 ...

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