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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)
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Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...
Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...
Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...
Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...
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- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
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- Malabar Cements Ltd - India
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- Australian Commodity Traders Exchange
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- Renaissance Capital - South Africa
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- IHS Mccloskey Coal Group - USA
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- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
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- Miang Besar Coal Terminal - Indonesia
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- Australian Coal Association
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- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
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- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
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- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
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- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
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- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- The University of Queensland
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- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
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- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Bhatia International Limited - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
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- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
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- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
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