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, 10 March 16
IT FEELS SAFE TO SAY THAT THE MARKET IS SLOWLY AND PAINFULLY REGAINING ITS BALANCE
With the BDI marking its third consecutive positive weekly closing, it feels safe to say that the market is regaining its balance; slowly and painf ...


Wednesday, 09 March 16
U.S. COAL EXPORTS DECLINED 24% (74 MMST) IN 2015; COAL PRODUCTION IS EXPECTED TO DECREASE BY 111 MMST IN 2016 - EIA
U.S. Coal Supply EIA estimates that U.S. coal production for February 2016 was 54 million short tons (MMst), a 4 MMst (7%) decrease from the prev ...


Wednesday, 09 March 16
RI MAY HAVE TO IMPORT COAL FOR FUTURE POWER PLANTS: STUDY - THE JAKARTA POST
With coal prices continuing to decline, Indonesia will struggle to provide the coal needed to fire up its power stations in the near future, a stud ...


Tuesday, 08 March 16
INDONESIA HIKES COAL BENCHMARK PRICE FOR THE FIRST TIME IN 12 MONTHS
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016, but up slightly in Mar ...


Tuesday, 08 March 16
THE DRY CARGO MARKET ENDURED ONE OF ITS MOST DIFFICULT YEARS IN 2015, EXPERIENCING LOWS NOT SEEN SINCE THE MID 1980S - CLARKSONS
Whilst shipping and offshore markets have seen some good opportunities during 2015, overall there have been unprecedented challenges, so we are ver ...


   505 506 507 508 509   
Showing 2531 to 2535 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 ...

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