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, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...


Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year * LNG imports in July fall for seventh straight month Alibaba reorted that, South Kore ...


Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said L ...


Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...


Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...


   1298 1299 1300 1301 1302   
Showing 6496 to 6500 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 ...

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