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

Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...


Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.   The ...


Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023   Oil prices came under some pressure yesterday with ICE Brent settling a litt ...


Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...


Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...


   16 17 18 19 20   
Showing 86 to 90 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 ...

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