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

Wednesday, 07 December 22
MARKET INSIGHT - INTERMODAL
China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m mt). The question is if t ...


Wednesday, 07 December 22
INDIA'S STEEL MINISTRY SEEKS IMPORT TAX WAIVER FOR COKING COAL - SOURCES REUTERS REPORTED
India’s steel ministry has asked the finance ministry for a waiver of import tax on coking coal among a slew of raw materials, as it scramble ...


Tuesday, 06 December 22
INDIA'S COAL PRODUCTION RISES 17% IN APR-NOV PERIOD - PTI
The country’s coal production increased 17 per cent to 524.20 million tonnes in the April-November period of the ongoing fiscal.   ...


Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for ...


Saturday, 03 December 22
COMPLEX RUSSIAN PRICE CAP MAKES MARITIME VISIBILITY A MUST - WINDWARD
Many commentators and analysts are speculating about the potential impact the Russian seaborne oil price cap will have on organizations and entitie ...


   34 35 36 37 38   
Showing 176 to 180 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 ...

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