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

Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...


Tuesday, 27 March 18
SHIPPING MARKET ANALYSIS - GERRY LATHROP
With the almost complete phase out of Tier II new-building slots on our door step, along with the plethora of emissions related articles seemingly ...


Friday, 23 March 18
RIO TINTO AGREES SALE OF HAIL CREEK AND VALERIA TO GLENCORE FOR $1.7 BILLION
Press Release: Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and th ...


Wednesday, 21 March 18
CHINA'S RAW COAL OUTPUT UP IN 2017, FIRST GROWTH SINCE 2014 - XINHUA
China’s raw coal output rose in 2017 due to rebounding demand and high-quality capacity, according to the National Bureau of Statistics (NBS) ...


Wednesday, 21 March 18
MARKET INSIGHT - CHRISTOPHER T. WHITTY
President’s Trump administration proposed tariffs on steel and aluminum imports in an attempt to target China and Europe among others. Earlie ...


   351 352 353 354 355   
Showing 1761 to 1765 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 ...

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