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, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report. ...


Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...


Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...


Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...


Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...


   3 4 5 6 7   
Showing 21 to 25 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 ...

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