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, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com:  The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...


Thursday, 20 November 14
HANDY: INDO ROUNDS ARE BEING FIXED IN REGION OF US$ 10K - FEARNLEYS
Handy In the Atlantic we have experienced firmer rates this week much lead by the grain activity out of USG. Vsls open in the USG can achieve in ...


Thursday, 20 November 14
DEMAND FOR DRY BULK CARRIERS INCREASES ON THE BACK OF HEIGHTENED FREIGHT RATE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners are looking to take advantage of favorable market conditions through the acquisition of more dry bulk carriers. According to shipbroker ...


Wednesday, 19 November 14
INDONESIA FUEL-PRICE RISE A CLEAR, POSITIVE REFORM SIGNAL - FITCH
COALspot.com: Indonesia's hike of more than 30% in administered fuel prices, announced on 17 November, provides a clear, positive signal of the ...


Wednesday, 19 November 14
CAPES WERE UNDER PRESSURE; LOST 20% WITHIN A WEEK
COALspot.com: " The negative environment in which the week prior ended, marked this past week as well, which closed off on Friday noting the f ...


   671 672 673 674 675   
Showing 3361 to 3365 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 ...

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