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

Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...


Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...


Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...


Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...


Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...


   22 23 24 25 26   
Showing 116 to 120 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 ...

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