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, 04 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Thursday, 04 June 20
DON'T FORGET THE REAL PURPOSE OF RISK ASSESSMENTS - GARD
KNOWLEDGE TO ELEVATE When doing a risk assessment, we often overcomplicate it and forget its real purpose. Rather than ensuring that crew ...


Wednesday, 03 June 20
MARKET INSIGHT - INTERMODAL
Once again shipping is about to venture into uncharted waters and before the challenges of the past decade are forgotten, shipowners will have to o ...


Tuesday, 02 June 20
KOSPO LOOKING FOR 80000 MT OF 4200 NCV COAL FOR JULY
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) 4200 NCV coal for 12 - 21, July ...


Tuesday, 02 June 20
INDONESIAN COAL MINER BUMI RESOURCES Q1 OUTPUT UP 5% - REUTERS
Indonesia’s largest coal miner Bumi Resources posted a 5% increase in first-quarter output at 20.8 million tonnes, the company said in a stat ...


   185 186 187 188 189   
Showing 931 to 935 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 ...

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