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 December 15
CANADIAN MINER TECK ANNOUNCES LNG HAUL TRUCK PILOT PROJECT
Teck Resources Limited is piloting the use of  liquefied natural gas (LNG) as a fuel source in six haul trucks at its Fording River steelmakin ...


Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week. The Q1’ 2016 &nbs ...


Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...


Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...


Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...


   531 532 533 534 535   
Showing 2661 to 2665 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 ...

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