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

Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives. The Indonesian Ener ...


Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...


Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...


Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...


Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps * Coal industry grapples with carbon polluter image German imports of hard coal are like ...


   1333 1334 1335 1336 1337   
Showing 6671 to 6675 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 ...

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