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, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...


Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
  The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...


Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...


Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country. India's leading e-commerce company Mjunction Services Ltd will ...


Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...


   1326 1327 1328 1329 1330   
Showing 6636 to 6640 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 ...

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