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, 20 May 16
U.S COAL PRODUCTION FOR THE WEEK ENDED 14 MAY TOTALED 11.4 MMST; UP 3.8% W/W
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.4 million short tons (mm ...


Thursday, 19 May 16
AUSTRALIAN IRON ORE CARGOES PUSHED UP THE FREIGHT RATES FOR CAPE THIS WEEK - FEARNLEYS
Cape It has been a big jump in the freight rates for Cape size this week, says Fearnleys in its latest weekly report. All of the Australian iron ...


Thursday, 19 May 16
DISPUTE OVER VAT ON COAL DRAGS ON, CAUSING DOUBLE-BLOW TO MINERS - JP
The dispute over the value-added tax ( VAT ) mechanism between coal miners operating under third-generation contracts and the Finance Ministry&rsqu ...


Wednesday, 18 May 16
DRY BULK OUTLOOK REMAINS GLOOMY SAYS DANISH SHIP FINANCE, AS SHIPPING NEEDS TO RETHINK BUSINESS MODEL - HELLENIC SHIPPING
Our Shipping Market Review – May 2016 is devoted to the fourth industrial revolution. To understand the truly disruptive nature of the fourth ...


Wednesday, 18 May 16
LONG TERM FUNDAMENTALS ARE SLOWLY IMPROVING FOR THE DRY BULK MARKET - INTERMODAL
As we are approaching the end of the first half of the year, there is a number of market participants over at the dry bulk sector that have started ...


   484 485 486 487 488   
Showing 2426 to 2430 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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