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, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...


Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...


Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80 * Negotiations may conclude soon as price gap narrows * New offer at discount of about 43 pe ...


Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...


Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


   1350 1351 1352 1353 1354   
Showing 6756 to 6760 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 ...

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