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

Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...


Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...


Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...


Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...


Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...


   1367 1368 1369 1370 1371   
Showing 6841 to 6845 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 ...

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