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

Wednesday, 21 June 23
CHINA'S MAY COAL IMPORTS FROM AUSTRALIA RECOVER TO PRE-BAN LEVELS - REUTERS
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroecono ...


Monday, 19 June 23
DROUGHT-DEPLETED HYDROPOWER DRIVES CHINA TO TURN TO COAL - REUTERS
China has leant hard on coal-fired power plants as well as wind and solar generators to make up for a shortfall in hydroelectric generation as a re ...


Monday, 19 June 23
CHINA COAL OUTPUT UP 4.2 PCT IN MAY - XINHUA
China’s raw coal output posted steady growth in May, official data showed.   The country produced 390 million tonnes of raw coal ...


Wednesday, 24 May 23
AMMONIA-FUELLED BULK CARRIERS WITHIN FIVE YEARS - BALTIC EXCHANGE
Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia. A study ...


Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensu ...


   18 19 20 21 22   
Showing 96 to 100 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 ...

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