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 : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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