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 : 28,690
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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