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, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...


Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week. The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...


Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...


Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...


Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...


   513 514 515 516 517   
Showing 2571 to 2575 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 ...

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