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

Wednesday, 20 July 16
EDIBLE OIL MARKETS ACROSS THE GLOBE REMAIN UNDER PRESSURE - STELIOS KOLLINTZAS
The edible oil markets across the globe remain under pressure on the back of lackluster demand. Some of the main factors causing the low activity a ...


Tuesday, 19 July 16
INDONESIAN THERMAL COAL INDEXES CONTINUALLY FIRM UP ON ROBUST BUYING INTEREST - CS COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose One percent week over week to averaging $40.38 per ton this past week, shows CS ...


Monday, 18 July 16
FROM PIT TO PORT: DRY BULK NEEDS A NEW PATH TO PROFITABILITY - TOC EUROPE
During the golden years for commodities, from 2005 to 2014, high demand and big profit margins pushed companies to produce more and more, sacrifici ...


Monday, 18 July 16
BALTIC DRY INDEX REMAIN FIRM, UP BY 5.97 WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to remain firm with all segments ending in posi ...


Friday, 15 July 16
US COAL PRODUCTION DOWN 8.4% WEEK-OVER-WEEK
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 12.9 million short tons (mms ...


   470 471 472 473 474   
Showing 2356 to 2360 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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