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

Monday, 18 May 20
TAKING ADVANTAGE OF VIRUS DISTRACTION - BALTIC EXCHANGE
As the industry grapples to deal with exceptional Covid-19-related challenges, a deeper threat is coming to the fore. At this time of crisis, more ...


Monday, 18 May 20
THERMAL COAL SPOT PRICE TUMBLES 25 PER CENT, PUTTING PRESSURE ON SOME PRODUCERS - ABC RURAL
The spot price for thermal coal has fallen 25 per cent per cent in the past month with one leading analyst saying it is because of a reduction in d ...


Monday, 18 May 20
CHINA'S COAL OUTPUT UP 1.3 PCT IN JANUARY-APRIL: XINHUA
Output of raw coal in China rose 1.3 percent year on year to 1.15 billion tonnes in the first four months this year, official data showed. &nbs ...


Sunday, 17 May 20
A 55,000 OPEN ILIGAN FIXING AT $6,500 VIA INDONESIA REDELIVERY INDIA - BALTIC BRIEFING
Capesize A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per cent in value. A small rebound at the end of the ...


Friday, 15 May 20
CHINA'S COAL CONSUMPTION TO FALL Y/Y IN SECOND QUARTER, IMPROVEMENT EXPECTED IN SECOND HALF - INDUSTRY BODY: REUTERS
China’s coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second half of ...


   191 192 193 194 195   
Showing 961 to 965 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 ...

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