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, 16 September 22
WHEN IS A VESSEL'S INCOME EARNING CAPACITY AT RISK? 'CONTROLLED INCOME CAN BE A KEY OF SUCCESS' - MARASCO MARINE
Managing marine risks is not an easy task, which requires special knowledge and expertise on the subject per se. Customarily, big ship management c ...


Friday, 16 September 22
DRY BULK MARKET: EU’S BAN ON RUSSIAN COAL LIFTS DEMAND DESPITE ECONOMIC HEADWINDS - BIMCO
Highlights – The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand and adverse glob ...


Friday, 16 September 22
BIMCO EMBARKS ON NEW STANDARD FOR “QUIET ENJOYMENT”
KNOWLEDGE TO ELEVATE   A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing i ...


Friday, 16 September 22
INDIAN COAL PRODUCTION TO RISE 150 PER CENT IN 10 YEARS: CENTRE - EXPRESS NEWS SERVICE
The Union Ministry of Mines is expecting 150 per cent growth in coal production 10 years down the line as a result of coal reforms that had been us ...


Thursday, 15 September 22
MARKET INSIGHT - INTERMODAL
While the Organization of Petroleum Exporting Countries and its allies agreed on a 100,000 b/d output cut last week, oil flows are in the spotlight ...


   46 47 48 49 50   
Showing 236 to 240 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 ...

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