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, 27 April 16
INDONESIAN COAL MINER KIDECO REPORTED NET PROFIT OF US$138.1 MILLION IN 2015
COALspot.com: Kideco Jaya Agung, one of the Indonesia's leading coal miners has reported net profit of US$138.1 million on revenue of US$1.65 b ...


Tuesday, 26 April 16
INDONESIA BANNED COAL EXPORTS TO PHILIPPINES BY BARGES DUE TO SECURITY CONCERN
COALspot.com: The Ministry of Energy and Mineral Resources (ESDM) on behalf of the government of Indonesia has Freeze coal exports by barges to Phi ...


Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolitio ...


Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elev ...


Monday, 25 April 16
WEEKLY CS (I) COAL INDICES END ALMOST FLAT
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.05 percent week over week to averaging $38.67 per ton on this past Friday, acco ...


   491 492 493 494 495   
Showing 2461 to 2465 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 ...

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