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

Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...


Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long ...


Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...


Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...


Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...


   56 57 58 59 60   
Showing 286 to 290 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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