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, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...


Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...


Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...


Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...


Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


   5 6 7 8 9   
Showing 31 to 35 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 ...

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