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, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...


Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...


Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...


Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...


Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...


   26 27 28 29 30   
Showing 136 to 140 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 ...

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