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

Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...


Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...


Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...


Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...


Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...


   70 71 72 73 74   
Showing 356 to 360 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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