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, 20 January 16
SHIPPING MARKET INSIGHT - NASOS SOULAKIS
If you believe in the “January effect”, the theory according to which the beginning of a new year has a positive effect on financial in ...


Tuesday, 19 January 16
HAPPY NEW YEAR, COAL PRODUCERS! OR MAYBE NOT - ANDY ROBERTS
To coal producers, 2015 must have seemed far longer than 365 days. From their perspective, as bad as markets were at the beginning of the year, and ...


Tuesday, 19 January 16
COALTRANS ASIA IS RETURNING TO BALI
22nd Coaltrans Asia Coaltrans Asia is returning to Bali to bring together over 1000 industry decision makers and thought leaders for three day ...


Monday, 18 January 16
INDONESIAN 5700 GAR COAL INDEX ROSE 0.60% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline slightly week over week to averaging $39.93 per ton on this past Friday, acc ...


Monday, 18 January 16
BALTIC DRY SHIPPING INDEX DROPS TO 373 POINTS; DECLINE 13% WEEK OVER WEEK
COALspot.com: The freight market  dropped this week as  the BDI declined further 13 percent to 373 points week over week. The Cape index ...


   519 520 521 522 523   
Showing 2601 to 2605 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 ...

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