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, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...


Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...


Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...


Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...


Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...


   302 303 304 305 306   
Showing 1516 to 1520 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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