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, 27 November 18
PANAMAX AND SUPRAMAX INDICES WITNESSED A DECLINE OF JUST BELOW 14% IN THEIR MEAN ON A MONTH-ON-MONTH COMPARISON - ALLIED SHIPPING
A month of sharp corrections and great asymmetries for the dry bulk sector, with the overall overview of the market shipping rapidly from a state o ...


Monday, 26 November 18
SUPRAMAX: THE ASIAN MARKET STALLED THIS WEEK WITH A BUILD-UP OF TONNAGE - BALTIC BRIEFING
Capesize It was a positive end to the week, with West Australia/China making significant gains and firing owners’ resolve. There was talk ...


Friday, 23 November 18
GOLDEN ENERGY'S POTENTIAL ACQUISITION OF STANMORE CREDIT POSITIVE - FITCH RATINGS
Golden Energy and Resources Limited's (GEAR, B+/Positive) potential acquisition of Stanmore Coal will help the company diversify its coal opera ...


Friday, 23 November 18
ASSOCIATION CALLS FOR REVISION OF DMO SCHEME FOR COAL - JP
The Indonesian Coal Mining Association (APBI) has called on the government to revise the domestic market obligation (DMO) scheme for coal, which re ...


Friday, 23 November 18
INDONESIA'S REVENUES FROM MINERAL AND COAL INCREASE TO US$ 2.858 BILLION - ANTARA
Indonesia`s non-tax state revenues from the mineral and coal sub-sector reached Rp 41.77 trillion (approximately US$ 2.858 Billion) as of Nov 16, 2 ...


   309 310 311 312 313   
Showing 1551 to 1555 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 ...

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