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, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...


Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week. ...


Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...


Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal. Jakarta-based Emanuele ...


Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains * Mining majors expected to buy not sell * South Africa a target, Indonesia less so By Jackie ...


   1291 1292 1293 1294 1295   
Showing 6461 to 6465 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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