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

Tuesday, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...


Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...


Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...


Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...


Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...


   230 231 232 233 234   
Showing 1156 to 1160 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 ...

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