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

Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...


Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...


Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...


Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenf ...


Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...


   1277 1278 1279 1280 1281   
Showing 6391 to 6395 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 ...

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