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

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 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 ...

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