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, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...


Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad. &ld ...


Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...


Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T * Talks between individual power firms and miners ongoing South Korean utilities ...


Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
  A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...


   1334 1335 1336 1337 1338   
Showing 6676 to 6680 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 ...

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