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, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1.  The Australian and South African benchmarks have plummeted more ...


Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...


Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...


Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...


Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...


   1 2 3 4 5   
Showing 6 to 10 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 ...

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