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 ...

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