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, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report. ...


Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...


Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...


Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...


Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...


   3 4 5 6 7   
Showing 21 to 25 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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