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

Tuesday, 30 November 99


   1371 1372 1373 1374 1375   
Showing 6871 to 6871 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 ...

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