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, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...


Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...


Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...


Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...


Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...


   33 34 35 36 37   
Showing 171 to 175 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 ...

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