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

Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...


Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000  MT of min. 4300, 3500 and 5600 NCV ...


Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...


Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...


Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...


   287 288 289 290 291   
Showing 1441 to 1445 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 ...

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