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

Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...


Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...


Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...


Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report. "We see rates c ...


Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is  well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...


   697 698 699 700 701   
Showing 3491 to 3495 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 ...

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