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

Thursday, 24 March 16
NEWBUILDINGS' PRICES HAVE STARTED TO COME DOWN - ALLIED | HELLENIC SHIPPING NEWS
Newbuildings’ prices have started to come down, as demand has remained subdued for quite some time now. In its latest weekly report, shipbrok ...


Wednesday, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...


Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community. Ferrocadia DMCC is an intern ...


Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...


Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...


   501 502 503 504 505   
Showing 2511 to 2515 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 ...

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