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, 12 May 17
SLOW AND UNEVENTFUL WEEK FOR THE PANAMAX MARKET
Supramax In the Atlantic, only USG were showing some improvement, where pet-coke cargoes to India was fixed in the range of 19-23k daily and to C ...


Wednesday, 10 May 17
MARKET INSIGHT - INTERMODAL
Up until a few weeks ago, demo deals were being concluded at just a fraction below $400/ldt. Last time we saw demo prices around that level was in ...


Tuesday, 09 May 17
DRY BULK TRADE IS STILL HEAVILY RELIANT ON CHINA - GEORGE LAZARIDIS
We have seen an overall cool down in the dry bulk and tanker markets over the final two weeks of April, sparking worries amongst ship-owners that t ...


Monday, 08 May 17
INDONESIAN COAL PRICE REFERENCE RISES FOR SECOND STRAIGHT MONTH IN MAY
COALspot.com: Indonesian government declared coal benchmark price rose in May, government data showed. The benchmark price of Indonesian therm ...


Monday, 08 May 17
OCEAN BULK CARGO RATES FALL FURTHER THIS PAST WEEK
COALspot.com: The Freight market continues to slump this past week, with all segments show a negative downward trend week over week. The Balti ...


   409 410 411 412 413   
Showing 2051 to 2055 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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