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

Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...


Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...


Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...


Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...


Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...


   1346 1347 1348 1349 1350   
Showing 6736 to 6740 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 ...

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