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, 14 November 23
CHINA'S BELT AND ROAD INITIATIVE TURNS AWAY FROM COAL - WOOD MACKENZIE
Ambitious, contentious and big spending, China’s Belt and Road Initiative (BRI) is 10 years old. In that time, China has splashed more than U ...


Friday, 10 November 23
THE COMMODITIES FEED: OIL UNDER PRESSURE - ING
Energy – Brent plummets   The oil market came under significant pressure yesterday. ICE Brent settled 4.19% lower on the day and ...


Friday, 10 November 23
COAL USE AT U.S. POWER PLANTS CONTINUES DOWNWARD SPIRAL; FULL IMPACT ON MINES TO BE FELT IN 2024 - IEEFA
This year, the use of coal by the U.S.’s power producers has been so anemic that the fuel has not achieved a 20% market share in any month so ...


Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.   The union coal ministry on Tuesd ...


Thursday, 09 November 23
WE'RE PRODUCING TOO MUCH COAL, OIL AND GAS, REPORT SAYS - WSJ
World leaders pledged in 2015 to reduce emissions in a combined effort to limit climate change.   Now they are stepping up production ...


   14 15 16 17 18   
Showing 76 to 80 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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