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

Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...


Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...


Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...


Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...


Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted c ...


   49 50 51 52 53   
Showing 251 to 255 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 ...

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