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

Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...


Tuesday, 09 September 14
PORT OF NEWCASTLE SHIPPED 13.207 MTN OF COAL IN AUGUST; TRADE VALUE AROUND $1.17 BILLION
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.17 billio ...


Monday, 08 September 14
SUB-BIT FOB INDONESIA COAL SWAP UNDERPERFORMED LAST WEEK
COALspot.com: Indonesian coal swaps for average October 2014 decreased US$ 0.20 (-0.39%) day on day and US$ 1.60 (-3.04%) per mt week on week. The ...


Monday, 08 September 14
API 8 CFR SOUTH CHINA COAL SWAP FOR DELIVERY JAN'15 CLOSED AT US$ 66.30 PMT W/E 5 SEPTEMBER 2014; LOST 5.15% M-O-M
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 0.15 (-0.23%) day on day and US$ 2.05 (-3.04%) week on wee ...


Monday, 08 September 14
CHINESE IRON ORE IMPORT DEMAND VERY STRONG - COMMODORE
COALspot.com: 30 dry bulk vessels were chartered in the spot iron ore market last week to haul iron ore import cargoes to Chinese buyers. Acco ...


   698 699 700 701 702   
Showing 3496 to 3500 news of total 6871
News by Category
Popular News
 
Total Members : 28,636
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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