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, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...


Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report. ...


Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...


Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...


Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...


   647 648 649 650 651   
Showing 3241 to 3245 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 ...

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