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, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...


Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...


Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday. ...


Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...


   1 2 3 4 5   
Showing 11 to 15 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 ...

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