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, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...


Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...


Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...


Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...


Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...


   70 71 72 73 74   
Showing 356 to 360 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
  • The University of Queensland
  • Neyveli Lignite Corporation Ltd, - India
  • Sinarmas Energy and Mining - Indonesia
  • Argus Media - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Madhucon Powers Ltd - India
  • World Coal - UK
  • Kapuas Tunggal Persada - Indonesia
  • Savvy Resources Ltd - HongKong
  • Planning Commission, India
  • Globalindo Alam Lestari - Indonesia
  • Electricity Authority, New Zealand
  • Pinang Coal Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • TRAFIGURA, South Korea
  • KOWEPO - South Korea
  • Maersk Broker
  • Vitol - Bahrain
  • Barclays Capital - USA
  • KEPCO - South Korea
  • Star Paper Mills Limited - India
  • GB Group - China
  • UBS Singapore
  • Aditya Birla Group - India
  • Ince & co LLP
  • Meralco Power Generation, Philippines
  • Bangladesh Power Developement Board
  • SASOL - South Africa
  • SGS (Thailand) Limited
  • Jaiprakash Power Ventures ltd
  • GHCL Limited - India
  • McConnell Dowell - Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • MEC Coal - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Samtan Co., Ltd - South Korea
  • KPCL - India
  • PNOC Exploration Corporation - Philippines
  • Salva Resources Pvt Ltd - India
  • Baramulti Group, Indonesia
  • Georgia Ports Authority, United States
  • Rudhra Energy - India
  • Timah Investasi Mineral - Indoneisa
  • Karbindo Abesyapradhi - Indoneisa
  • Australian Coal Association
  • Cebu Energy, Philippines
  • London Commodity Brokers - England
  • Coal Orbis AG
  • Simpson Spence & Young - Indonesia
  • Humpuss - Indonesia
  • Arutmin Indonesia
  • Tata Chemicals Ltd - India
  • Fearnleys - India
  • Global Business Power Corporation, Philippines
  • White Energy Company Limited
  • Bank of China, Malaysia
  • Kobe Steel Ltd - Japan
  • Shree Cement - India
  • Cigading International Bulk Terminal - Indonesia
  • Thermax Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • MS Steel International - UAE
  • Britmindo - Indonesia
  • Jatenergy - Australia
  • Economic Council, Georgia
  • Mechel - Russia
  • Africa Commodities Group - South Africa
  • Jindal Steel & Power Ltd - India
  • J M Baxi & Co - India
  • Bhatia International Limited - India
  • Energy Development Corp, Philippines
  • Anglo American - United Kingdom
  • Idemitsu - Japan
  • Tata Power - India
  • JPMorgan - India
  • Coastal Gujarat Power Limited - India
  • Ernst & Young Pvt. Ltd.
  • Inco-Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • IOL Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Medco Energi Mining Internasional
  • Asian Development Bank
  • Moodys - Singapore
  • Indika Energy - Indonesia
  • Bank of America
  • Ind-Barath Power Infra Limited - India
  • Bukit Makmur.PT - Indonesia
  • Latin American Coal - Colombia
  • Clarksons - UK
  • Reliance Power - India
  • Toyota Tsusho Corporation, Japan
  • Videocon Industries ltd - India
  • globalCOAL - UK
  • Sojitz Corporation - Japan
  • Infraline Energy - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Platou - Singapore
  • McKinsey & Co - India
  • AsiaOL BioFuels Corp., Philippines
  • Bangkok Bank PCL
  • PLN - Indonesia
  • Intertek Mineral Services - Indonesia
  • Barasentosa Lestari - Indonesia
  • GMR Energy Limited - India
  • Glencore India Pvt. Ltd
  • India Bulls Power Limited - India
  • Bulk Trading Sa - Switzerland
  • GAC Shipping (India) Pvt Ltd
  • Sindya Power Generating Company Private Ltd
  • TNB Fuel Sdn Bhd - Malaysia
  • Ambuja Cements Ltd - India
  • Deloitte Consulting - India
  • Permata Bank - Indonesia
  • Bhushan Steel Limited - India
  • PowerSource Philippines DevCo
  • TNPL - India
  • Ministry of Mines - Canada
  • Japan Coal Energy Center
  • BNP Paribas - Singapore
  • Altura Mining Limited, Indonesia
  • Kobexindo Tractors - Indoneisa
  • ANZ Bank - Australia
  • Coaltrans Conferences
  • Tamil Nadu electricity Board
  • IMC Shipping - Singapore
  • Mjunction Services Limited - India
  • Directorate Of Revenue Intelligence - India
  • Vizag Seaport Private Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Tanito Harum - Indonesia
  • Central Electricity Authority - India
  • Interocean Group of Companies - India
  • Malco - India
  • The Treasury - Australian Government
  • Bharathi Cement Corporation - India
  • World Bank
  • Uttam Galva Steels Limited - India
  • IBC Asia (S) Pte Ltd
  • KPMG - USA
  • Petron Corporation, Philippines
  • Noble Europe Ltd - UK
  • Cemex - Philippines
  • Coal and Oil Company - UAE
  • Iligan Light & Power Inc, Philippines
  • U S Energy Resources
  • CNBM International Corporation - China
  • Aboitiz Power Corporation - Philippines
  • Global Coal Blending Company Limited - Australia
  • Sarangani Energy Corporation, Philippines
  • Electricity Generating Authority of Thailand
  • Merrill Lynch Commodities Europe
  • Cardiff University - UK
  • Orica Australia Pty. Ltd.
  • Credit Suisse - India
  • Coeclerici Indonesia
  • Maruti Cements - India
  • Wood Mackenzie - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Indian Energy Exchange, India
  • Platts
  • Posco Energy - South Korea
  • Power Finance Corporation Ltd., India
  • Shenhua Group - China
  • Samsung - South Korea
  • Oldendorff Carriers - Singapore
  • ETA - Dubai
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mintek Dendrill Indonesia
  • Adani Power Ltd - India
  • Kumho Petrochemical, South Korea
  • Indo Tambangraya Megah - Indonesia
  • GNFC Limited - India
  • San Jose City I Power Corp, Philippines
  • TANGEDCO India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Marubeni Corporation - India
  • Xstrata Coal
  • Ministry of Transport, Egypt
  • Dalmia Cement Bharat India
  • Semirara Mining and Power Corporation, Philippines
  • Parry Sugars Refinery, India
  • EMO - The Netherlands
  • Renaissance Capital - South Africa
  • Thriveni
  • Petrosea - Indonesia
  • OCBC - Singapore
  • Gujarat Sidhee Cement - India
  • JPower - Japan
  • Kepco SPC Power Corporation, Philippines
  • Binh Thuan Hamico - Vietnam
  • Russian Coal LLC
  • Mitsui
  • CESC Limited - India
  • Standard Chartered Bank - UAE
  • Vale Mozambique
  • Straits Asia Resources Limited - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Wilmar Investment Holdings
  • PTC India Limited - India
  • Singapore Mercantile Exchange
  • Sical Logistics Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Mercuria Energy - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Therma Luzon, Inc, Philippines
  • Siam City Cement - Thailand
  • Berau Coal - Indonesia
  • Goldman Sachs - Singapore
  • VISA Power Limited - India
  • Grasim Industreis Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Port Waratah Coal Services - Australia
  • Maharashtra Electricity Regulatory Commission - India
  • Commonwealth Bank - Australia
  • Thailand Anthracite
  • SMC Global Power, Philippines
  • Larsen & Toubro Limited - India
  • Attock Cement Pakistan Limited
  • Formosa Plastics Group - Taiwan
  • Cosco
  • Rashtriya Ispat Nigam Limited - India
  • Australian Commodity Traders Exchange
  • Jorong Barutama Greston.PT - Indonesia
  • Indogreen Group - Indonesia
  • Maybank - Singapore
  • The India Cements Ltd
  • Asia Cement - Taiwan
  • Thai Mozambique Logistica
  • Runge Indonesia
  • ICICI Bank Limited - India
  • bp singapore
  • Arch Coal - USA
  • Orica Mining Services - Indonesia
  • ING Bank NV - Singapore
  • Adaro Indonesia
  • Chamber of Mines of South Africa
  • Sucofindo - Indonesia
  • Cargill India Pvt Ltd
  • RBS Sempra - UK
  • Merrill Lynch Bank
  • Manunggal Multi Energi - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Carbofer General Trading SA - India
  • CoalTek, United States
  • Metalloyd Limited - United Kingdom
  • Panama Canal Authority
  • Edison Trading Spa - Italy
  • Surastha Cement
  • Thiess Contractors Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • South Luzon Thermal Energy Corporation
  • Total Coal South Africa
  • Enel Italy
  • Antam Resourcindo - Indonesia
  • Siam City Cement PLC, Thailand
  • NTPC Limited - India
  • Deutsche Bank - India
  • Parliament of New Zealand
  • International Coal Ventures Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • PetroVietnam Power Coal Import and Supply Company
  • HSBC - Hong Kong
  • Malabar Cements Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Thomson Reuters GRC
  • OPG Power Generation Pvt Ltd - India
  • Agrawal Coal Company - India
  • Maheswari Brothers Coal Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bhoruka Overseas - Indonesia
  • New Zealand Coal & Carbon
  • Heidelberg Cement - Germany
  • Borneo Indobara - Indonesia
  • EIA - United States
  • Cement Manufacturers Association - India
  • Makarim & Taira - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Mitsubishi Corporation
  • Eastern Coal Council - USA
  • Pipit Mutiara Jaya. PT, Indonesia
  • Energy Link Ltd, New Zealand
  • Eastern Energy - Thailand
  • TGV SRAAC LIMITED, India
  • Coal India Limited
  • Lanco Infratech Ltd - India
  • Minerals Council of Australia
  • Essar Steel Hazira Ltd - India
  • ASAPP Information Group - India
  • Sree Jayajothi Cements Limited - India
  • CCIC - Indonesia
  • Mercator Lines Limited - India
  • Indorama - Singapore
  • Lafarge - France
  • Freeport Indonesia
  • WorleyParsons
  • Kideco Jaya Agung - Indonesia
  • Xindia Steels Limited - India
  • Ministry of Finance - Indonesia
  • Semirara Mining Corp, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Banpu Public Company Limited - Thailand
  • Leighton Contractors Pty Ltd - Australia
  • UOB Asia (HK) Ltd
  • The State Trading Corporation of India Ltd
  • APGENCO India
  • Geoservices-GeoAssay Lab
  • Indian School of Mines
  • Core Mineral Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Price Waterhouse Coopers - Russia
  • TeaM Sual Corporation - Philippines
  • Vedanta Resources Plc - India
  • Qatrana Cement - Jordan
  • Inspectorate - India
  • Holcim Trading Pte Ltd - Singapore
  • Bayan Resources Tbk. - Indonesia
  • SUEK AG - Indonesia
  • Riau Bara Harum - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Trasteel International SA, Italy
  • Gupta Coal India Ltd
  • ACC Limited - India
  • Mitra SK Pvt Ltd - India
  • Independent Power Producers Association of India
  • GVK Power & Infra Limited - India
  • Meenaskhi Energy Private Limited - India
  • BRS Brokers - Singapore
  • Peabody Energy - USA
  • SMG Consultants - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Kaltim Prima Coal - Indonesia
  • IEA Clean Coal Centre - UK
  • PetroVietnam
  • Kartika Selabumi Mining - Indonesia
  • Coalindo Energy - Indonesia
  • Indonesian Coal Mining Association
  • Indonesia Power. PT
  • CIMB Investment Bank - Malaysia
  • Rio Tinto Coal - Australia
  • Central Java Power - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Romanian Commodities Exchange
  • Indian Oil Corporation Limited
  • NALCO India
  • Gresik Semen - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Sakthi Sugars Limited - India
  • DBS Bank - Singapore
  • SRK Consulting
  • PLN Batubara - Indonesia