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

Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...


Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...


Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...


Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...


Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...


   31 32 33 34 35   
Showing 161 to 165 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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