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

Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...


Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week. The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...


Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...


Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...


Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...


   508 509 510 511 512   
Showing 2546 to 2550 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 ...

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