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 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...


Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...


Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts. &nb ...


Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE Summary In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...


Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...


   7 8 9 10 11   
Showing 41 to 45 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 ...

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