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, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million * Expect to complete the deal in the fourth quarter of 2009 * Delta Dunia has appointed Barclays Ca ...


Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...


Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions * Expects one deal to be completed by the end of 2009 Reuters world's largest international ...


Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons. Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...


Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009  the steam coal prices sank massive in comparison to the previous years quart ...


   1296 1297 1298 1299 1300   
Showing 6486 to 6490 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 ...

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