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, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today. & ...


Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...


Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...


Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...


Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...


   1354 1355 1356 1357 1358   
Showing 6776 to 6780 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 ...

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