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

Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...


Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...


Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years Live Mint reported that, Essar Shipping ...


Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...


Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


   1271 1272 1273 1274 1275   
Showing 6361 to 6365 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 ...

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