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

Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...


Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...


Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...


Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...


Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...


   15 16 17 18 19   
Showing 81 to 85 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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