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

Tuesday, 01 September 09
GLOBAL COAL PRICES UNDER PRESSURE AS CHINESE PROVINCE RETURNS TO THE PRODUCTION FRAY - REUTERS
China is set to return to role of coal exporter as the deadline for thousands of small coal mines in its Shanxi province to reopen after being shut ...


Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per yea ...


Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finish ...


Tuesday, 01 September 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 23%, SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 23 percent ...


Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...


   1290 1291 1292 1293 1294   
Showing 6456 to 6460 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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