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

Wednesday, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...


Monday, 25 January 21
ULTRAMAX YET ANOTHER POSITIVE WEEK FOR THE SECTOR, WHICH SAW INCREASED DEMAND ACROSS ALL BASINS - BALTIC BRIEFING
Capesize The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down ...


Monday, 25 January 21
NEW LAW IN CALIFORNIA, USA, AFFECTING SHIPOWNERS' LIABILITY FOR OIL POLLUTION - BIMCO
Members are advised that amendments to the so-called Lempert-Keene-Seastrand Oil Spill Prevention and Response Act of 1990 in the State of Californ ...


Monday, 25 January 21
COAL INDIA SAYS GEARED UP TO MEET SURGE IN FUEL DEMAND FROM POWER SECTOR - PTI
State-owned Coal India Ltd on Saturday said that it is well geared to meet any surge in demand for coal from the power sector.   The s ...


Sunday, 24 January 21
GOVT ASSURES COAL INDIA OF 'FULL SUPPORT', STRESSES ON LEARNING 'NEW THINGS' - PTI
Coal Minister Pralhad Joshi assured Coal India of full government support, even as he said the PSU needs to learn “new things” for impr ...


   130 131 132 133 134   
Showing 656 to 660 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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