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

Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...


Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...


Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...


Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...


Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...


   20 21 22 23 24   
Showing 106 to 110 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 ...

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