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 : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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