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 July 14
US: WEEKLY COAL PRODUCTION SLIGHTLY UP W-O-W
COALspot.com – United States the world's second largest coal producer, produced approximately 19.4  million short tons (mmst) of coa ...


Friday, 04 July 14
PARAM MITRA COAL RESOURCES SECURES US$ 7.5M INVESTMENT FROM TEMBUSU PARTNERS
Param Mitra Coal Resources Pte Ltd (“PMCR”), which owns two operating coal mines in Indonesia, has secured from Singapore private equit ...


Thursday, 03 July 14
BUMI TRANSFERS 19% OF KPC STAKE VALUED AT US$ 950 MILLION TO CIC
COALspot.com: PT. Bumi Resources announces that 19% of its holdings in Kaltim Prima Coal (KPC), valued at US$ 950 million, has been transferred to ...


Thursday, 03 July 14
PANAMAX : IN THE ATLANTIC, OWNERS ARE WILLING TO FIX AT ABOUT $2.5K PER DAY - FEARNEYS
Handy In its latest weekly report, shipbroker Fearneys noted that, this week seems to have been more of a wait and see game between owners and ch ...


Wednesday, 02 July 14
NEWMONT FILES FOR INTERNATIONAL ARBITRATION ON ORE EXPORT BAN - THE JAKARTA POST
PT Newmont Nusa Tenggara (NNT), a subsidiary of United States-based Newmont Corporation, has filed for international arbitration against the govern ...


   724 725 726 727 728   
Showing 3626 to 3630 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
  • PowerSource Philippines DevCo
  • EMO - The Netherlands
  • Indika Energy - Indonesia
  • TRAFIGURA, South Korea
  • Samsung - South Korea
  • The State Trading Corporation of India Ltd
  • LBH Netherlands Bv - Netherlands
  • OPG Power Generation Pvt Ltd - India
  • Russian Coal LLC
  • Bulk Trading Sa - Switzerland
  • McKinsey & Co - India
  • Maybank - Singapore
  • Ambuja Cements Ltd - India
  • Makarim & Taira - Indonesia
  • Qatrana Cement - Jordan
  • Mitra SK Pvt Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Shenhua Group - China
  • Core Mineral Indonesia
  • Wood Mackenzie - Singapore
  • GHCL Limited - India
  • Bank of America
  • Krishnapatnam Port Company Ltd. - India
  • Economic Council, Georgia
  • Baramulti Group, Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Bhatia International Limited - India
  • TNPL - India
  • Tata Chemicals Ltd - India
  • KPMG - USA
  • Rashtriya Ispat Nigam Limited - India
  • Lafarge - France
  • Siam City Cement - Thailand
  • Minerals Council of Australia
  • SRK Consulting
  • Kalimantan Lumbung Energi - Indonesia
  • Medco Energi Mining Internasional
  • Bahari Cakrawala Sebuku - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Fearnleys - India
  • Planning Commission, India
  • Samtan Co., Ltd - South Korea
  • Freeport Indonesia
  • Cemex - Philippines
  • San Jose City I Power Corp, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Kobe Steel Ltd - Japan
  • PTC India Limited - India
  • Dalmia Cement Bharat India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Maharashtra Electricity Regulatory Commission - India
  • Maersk Broker
  • Xindia Steels Limited - India
  • South Luzon Thermal Energy Corporation
  • BRS Brokers - Singapore
  • Coal and Oil Company - UAE
  • Coastal Gujarat Power Limited - India
  • Siam City Cement PLC, Thailand
  • Japan Coal Energy Center
  • Thailand Anthracite
  • The Treasury - Australian Government
  • Ind-Barath Power Infra Limited - India
  • Karaikal Port Pvt Ltd - India
  • Intertek Mineral Services - Indonesia
  • GNFC Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • SUEK AG - Indonesia
  • Petron Corporation, Philippines
  • globalCOAL - UK
  • Bayan Resources Tbk. - Indonesia
  • Credit Suisse - India
  • Inspectorate - India
  • Lanco Infratech Ltd - India
  • The University of Queensland
  • Attock Cement Pakistan Limited
  • bp singapore
  • Straits Asia Resources Limited - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Banpu Public Company Limited - Thailand
  • Mercator Lines Limited - India
  • Coal India Limited
  • Romanian Commodities Exchange
  • Pinang Coal Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Ministry of Transport, Egypt
  • JPMorgan - India
  • Indonesia Power. PT
  • Latin American Coal - Colombia
  • KOWEPO - South Korea
  • TeaM Sual Corporation - Philippines
  • Essar Steel Hazira Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • OCBC - Singapore
  • Electricity Generating Authority of Thailand
  • Kideco Jaya Agung - Indonesia
  • Eastern Coal Council - USA
  • Deutsche Bank - India
  • Simpson Spence & Young - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Global Green Power PLC Corporation, Philippines
  • Vizag Seaport Private Limited - India
  • Ministry of Mines - Canada
  • Binh Thuan Hamico - Vietnam
  • Surastha Cement
  • Sical Logistics Limited - India
  • Kumho Petrochemical, South Korea
  • Central Electricity Authority - India
  • Meralco Power Generation, Philippines
  • Cargill India Pvt Ltd
  • Merrill Lynch Bank
  • Altura Mining Limited, Indonesia
  • ING Bank NV - Singapore
  • Asia Cement - Taiwan
  • Riau Bara Harum - Indonesia
  • Gujarat Sidhee Cement - India
  • Thiess Contractors Indonesia
  • Indian Oil Corporation Limited
  • Cosco
  • Posco Energy - South Korea
  • Coaltrans Conferences
  • Rio Tinto Coal - Australia
  • Indorama - Singapore
  • Sakthi Sugars Limited - India
  • Energy Link Ltd, New Zealand
  • Oldendorff Carriers - Singapore
  • IHS Mccloskey Coal Group - USA
  • Parliament of New Zealand
  • Gresik Semen - Indonesia
  • Merrill Lynch Commodities Europe
  • Australian Coal Association
  • Electricity Authority, New Zealand
  • Chettinad Cement Corporation Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • MS Steel International - UAE
  • Cebu Energy, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • MEC Coal - Indonesia
  • Port Waratah Coal Services - Australia
  • Gujarat Mineral Development Corp Ltd - India
  • GVK Power & Infra Limited - India
  • Tata Power - India
  • Thermax Limited - India
  • DBS Bank - Singapore
  • Argus Media - Singapore
  • SASOL - South Africa
  • Vitol - Bahrain
  • GAC Shipping (India) Pvt Ltd
  • Jaiprakash Power Ventures ltd
  • Therma Luzon, Inc, Philippines
  • TGV SRAAC LIMITED, India
  • CoalTek, United States
  • Mitsubishi Corporation
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • New Zealand Coal & Carbon
  • Malco - India
  • Clarksons - UK
  • Renaissance Capital - South Africa
  • Globalindo Alam Lestari - Indonesia
  • Xstrata Coal
  • Heidelberg Cement - Germany
  • Bukit Asam (Persero) Tbk - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • ASAPP Information Group - India
  • Carbofer General Trading SA - India
  • Sinarmas Energy and Mining - Indonesia
  • Petrosea - Indonesia
  • Gupta Coal India Ltd
  • SMG Consultants - Indonesia
  • CNBM International Corporation - China
  • Indogreen Group - Indonesia
  • Bhushan Steel Limited - India
  • Madhucon Powers Ltd - India
  • HSBC - Hong Kong
  • Mjunction Services Limited - India
  • Jindal Steel & Power Ltd - India
  • Eastern Energy - Thailand
  • Standard Chartered Bank - UAE
  • Malabar Cements Ltd - India
  • Mechel - Russia
  • Iligan Light & Power Inc, Philippines
  • ANZ Bank - Australia
  • RBS Sempra - UK
  • Bhoruka Overseas - Indonesia
  • Energy Development Corp, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Agrawal Coal Company - India
  • Savvy Resources Ltd - HongKong
  • EIA - United States
  • Toyota Tsusho Corporation, Japan
  • Indonesian Coal Mining Association
  • Geoservices-GeoAssay Lab
  • Arch Coal - USA
  • World Coal - UK
  • Tanito Harum - Indonesia
  • London Commodity Brokers - England
  • PetroVietnam
  • JPower - Japan
  • Central Java Power - Indonesia
  • APGENCO India
  • Bharathi Cement Corporation - India
  • KEPCO - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Sojitz Corporation - Japan
  • PLN - Indonesia
  • Videocon Industries ltd - India
  • Anglo American - United Kingdom
  • VISA Power Limited - India
  • Marubeni Corporation - India
  • McConnell Dowell - Australia
  • Berau Coal - Indonesia
  • Glencore India Pvt. Ltd
  • CESC Limited - India
  • India Bulls Power Limited - India
  • Moodys - Singapore
  • Independent Power Producers Association of India
  • Runge Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Chamber of Mines of South Africa
  • Timah Investasi Mineral - Indoneisa
  • NTPC Limited - India
  • Platts
  • Coalindo Energy - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Coal Orbis AG
  • Goldman Sachs - Singapore
  • Mintek Dendrill Indonesia
  • Sarangani Energy Corporation, Philippines
  • Interocean Group of Companies - India
  • Sindya Power Generating Company Private Ltd
  • U S Energy Resources
  • Orica Mining Services - Indonesia
  • Bangkok Bank PCL
  • Shree Cement - India
  • GN Power Mariveles Coal Plant, Philippines
  • Ministry of Finance - Indonesia
  • Tamil Nadu electricity Board
  • Formosa Plastics Group - Taiwan
  • Directorate General of MIneral and Coal - Indonesia
  • ICICI Bank Limited - India
  • Deloitte Consulting - India
  • Antam Resourcindo - Indonesia
  • UBS Singapore
  • GMR Energy Limited - India
  • Meenaskhi Energy Private Limited - India
  • Mitsui
  • Indo Tambangraya Megah - Indonesia
  • Commonwealth Bank - Australia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Permata Bank - Indonesia
  • Larsen & Toubro Limited - India
  • Total Coal South Africa
  • Edison Trading Spa - Italy
  • Indian School of Mines
  • Petrochimia International Co. Ltd.- Taiwan
  • Australian Commodity Traders Exchange
  • Borneo Indobara - Indonesia
  • J M Baxi & Co - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Rudhra Energy - India
  • Asmin Koalindo Tuhup - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Star Paper Mills Limited - India
  • Cement Manufacturers Association - India
  • Sucofindo - Indonesia
  • Barasentosa Lestari - Indonesia
  • KPCL - India
  • Singapore Mercantile Exchange
  • Indian Energy Exchange, India
  • Thai Mozambique Logistica
  • Platou - Singapore
  • GB Group - China
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Directorate Of Revenue Intelligence - India
  • Infraline Energy - India
  • SGS (Thailand) Limited
  • Cardiff University - UK
  • Bukit Makmur.PT - Indonesia
  • Panama Canal Authority
  • ACC Limited - India
  • Uttam Galva Steels Limited - India
  • Georgia Ports Authority, United States
  • Vedanta Resources Plc - India
  • IEA Clean Coal Centre - UK
  • UOB Asia (HK) Ltd
  • Mercuria Energy - Indonesia
  • Thriveni
  • Kohat Cement Company Ltd. - Pakistan
  • Global Coal Blending Company Limited - Australia
  • IMC Shipping - Singapore
  • Coeclerici Indonesia
  • Metalloyd Limited - United Kingdom
  • Alfred C Toepfer International GmbH - Germany
  • Wilmar Investment Holdings
  • Arutmin Indonesia
  • Thomson Reuters GRC
  • CCIC - Indonesia
  • IOL Indonesia
  • BNP Paribas - Singapore
  • PLN Batubara - Indonesia
  • WorleyParsons
  • Asian Development Bank
  • Price Waterhouse Coopers - Russia
  • World Bank
  • IBC Asia (S) Pte Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • Humpuss - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Grasim Industreis Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Bangladesh Power Developement Board
  • Enel Italy
  • Africa Commodities Group - South Africa
  • CIMB Investment Bank - Malaysia
  • NALCO India
  • Barclays Capital - USA
  • Idemitsu - Japan
  • Inco-Indonesia
  • Jatenergy - Australia
  • Maruti Cements - India
  • Global Business Power Corporation, Philippines
  • Trasteel International SA, Italy
  • Vale Mozambique
  • ETA - Dubai
  • Semirara Mining Corp, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Kepco SPC Power Corporation, Philippines
  • Britmindo - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Ince & co LLP
  • Kobexindo Tractors - Indoneisa
  • Sree Jayajothi Cements Limited - India
  • The India Cements Ltd
  • Peabody Energy - USA
  • Aboitiz Power Corporation - Philippines
  • TANGEDCO India
  • Reliance Power - India
  • Kartika Selabumi Mining - Indonesia
  • Parry Sugars Refinery, India
  • Aditya Birla Group - India
  • European Bulk Services B.V. - Netherlands
  • White Energy Company Limited
  • Bank of China, Malaysia
  • Adani Power Ltd - India
  • Adaro Indonesia
  • Salva Resources Pvt Ltd - India
  • SMC Global Power, Philippines
  • Noble Europe Ltd - UK
  • Power Finance Corporation Ltd., India
  • Ceylon Electricity Board - Sri Lanka
  • Orica Australia Pty. Ltd.