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, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited ...


Wednesday, 20 May 09
S.KOREA COAL IMPORTS IN APRIL DOWN 22 PCT Y/Y - REUTERS
South Korea's imports of heating coal in April fell 22 percent from a year earlier on bearish demand from domestic utilities, industry data showed ...


Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
The international physical steam coal market has become increasingly liquid and tradeable during the past five years. Physical global seaborne co ...


Wednesday, 20 May 09
SHIPPING INDEX RISES TO 7-MONTH HIGH AS CHINESE DEMAND ADVANCES - BLOOMBERG
The Baltic Dry Index, a measure of shipping costs for commodities, rose to a seven-month high in London on accelerating Chinese demand for iron ore. ...


Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...


   1348 1349 1350 1351 1352   
Showing 6746 to 6750 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 ...

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