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, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for J ...


Wednesday, 06 May 20
COST CHALLENGES IN A US$20/BBL WORLD - WOOD MACKENZIE
A new approach is needed to ensure supply sector resilience How will US$20/bbl affect the oil and gas supply chain? It’s going to g ...


Wednesday, 06 May 20
MARKET INSIGHT - INTERMODAL
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by the Cov ...


Wednesday, 06 May 20
FLOATING STORAGE OF OIL CARGOES - STANDARD CLUB
KNOWLEDGE TO ELEVATE   Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefi ...


Wednesday, 06 May 20
IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
Iron ore trade remains remarkably resilient this year, at least in Asia, despite the global economic impact from COVID-19. In the first 4 months of ...


   196 197 198 199 200   
Showing 986 to 990 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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