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

Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...


Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...


Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...


Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...


Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...


   28 29 30 31 32   
Showing 146 to 150 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 ...

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