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, 06 April 19
AUSTRALIA COAL POSTS BIGGEST WEEKLY DROP IN A DECADE AMID WEAK DEMAND - REUTERS
Australian thermal coal prices this week registered their biggest weekly fall since the financial market turmoil of a decade ago as demand plunged ...


Saturday, 06 April 19
SUPRAMAX: IT WAS A POOR WEEK OVERALL FOR THE BALTIC SUPRAMAX INDEX, WHICH LOST GROUND - BALTIC BRIEFING
Capesize The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest ...


Thursday, 04 April 19
OVERSUPPLY STILL MAJOR CHALLENGE WARNS ICS
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned that avoiding overcapacity and ...


Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for ...


Monday, 01 April 19
FORCE MAJEURE SUCCESS NOT A SEA CHANGE - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE It is difficult to successfully argue that contractual performance has been prevented or delayed by force majeure. This i ...


   286 287 288 289 290   
Showing 1436 to 1440 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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