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, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...


Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...


Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...


Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...


Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...


   346 347 348 349 350   
Showing 1736 to 1740 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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