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, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...


Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that,  A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...


Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...


Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...


Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...


   1306 1307 1308 1309 1310   
Showing 6536 to 6540 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 ...

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