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, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...


Wednesday, 16 December 20
INDONESIAN COAL RECOVERING - FITCH
Commenting on Indonesian coal, Fitch Ratings, the Indonesian 4,200 kcal index has begun to recover, improving to over USD 29 in November compared t ...


Tuesday, 15 December 20
NEWCASTLE PRICES RECOVER - FITCH
Prices for the benchmark Newcastle 6,000 kcal/kg grade coal have rebounded to over USD 70/tonne since late November as major Asian economies ease l ...


Tuesday, 15 December 20
APAC COAL PRICES REBOUND ON IMPROVED DEMAND AND SUPPLY CUTS - FITCH RATINGS
Prices for the benchmark Newcastle 6,000kcal/kg grade coal have rebounded to over USD70/tonne since late November as major Asian economies ease loc ...


Tuesday, 15 December 20
CHINA EXTENDS FULL OPEN GESTURE TO IMPORTED COAL EXCEPT FOR AUSTRALIA - GLOBAL TIMES
Domestic, overseas suppliers will take up share with easier clearance   China's top economic planner on Saturday gave approval to ...


   140 141 142 143 144   
Showing 706 to 710 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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