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, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...


Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...


Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...


Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...


Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked   Pakistan risks locking itself into building m ...


   157 158 159 160 161   
Showing 791 to 795 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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