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

Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...


Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...


Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...


Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...


Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...


   9 10 11 12 13   
Showing 51 to 55 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 ...

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