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

Friday, 22 November 19
FORTY PERCENT OF ADARO'S COAL SALES VOLUME IN 9M19 GOES TO THE SOUTHEAST ASIA REGION
PT Adaro Energy Tbk released its consolidated financial statements yesterday, for the nine month period, ending September 30, 2019.    ...


Friday, 22 November 19
UNCERTAINTY IN THERMAL COAL MARKET PERSISTED IN 3Q19 - ADARO
Uncertainty in thermal coal market persisted in 3Q19, mainly due to the actions, or inactions, of China in setting policies for global coal market. ...


Friday, 22 November 19
CIL TO DEVELOP 55 NEW COAL MINES IN NEXT 5 YEARS: COAL MINISTER
State-owned CIL will develop 55 new coal mines and expand 193 existing ones in the next five years, Parliament was informed. The company is also un ...


Thursday, 21 November 19
4TH DEEP OFFSHORE WEST AFRICA CONGRESS 2020
4th Deep Offshore West Africa Congress 2020 17 Janaury 2020 Accra, Ghana   Press Release: Following the great succ ...


Thursday, 21 November 19
INDONESIA PLANS TO KEEP $70/T COAL PRICE CAP FOR PLN, DMO - REUTERS
Indonesia’s energy minister Arifin Tasrif said his ministry plans to maintain a price cap on coal being sold to state electricity utility, PT ...


   254 255 256 257 258   
Showing 1276 to 1280 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 ...

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