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, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...


Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...


Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts. &nb ...


Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE Summary In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...


Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...


   7 8 9 10 11   
Showing 41 to 45 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 ...

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