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, 14 April 14
CHINA'S MEASURES TO STIMULATE ECONOMY'S GROWTH COULD OFFER ROOM FOR STABILITY IN SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Since the outbreak of the 2008-crisis, the shipping industry, in most of its aspects, i.e. dry bulk and tanker markets alike, has been dealing w ...


Sunday, 13 April 14
INDONESIA TO INDIA FREIGHT MARKET DECLINE CONTINUES
COALspot.com: The freight market continued to drop this week and BDI almost touched 1000 points. BDI closed at 1002 points fell 16.85 pct week o ...


Saturday, 12 April 14
HOW DO YOU CALCULATE LOSS OF EARNINGS FOLLOWING A COLLISION? - INCE & CO
KNOWLEDGE TO ELEVATE The recent case of Astipalaia vs Hanjin Shenzhen [2014] EWHC 120 (Admlty) has revisited the existing case law on asses ...


Friday, 11 April 14
US COAL PRODUCTION IN MARCH INCREASED 9.69% TO 82.6 MMST MONTH ON MONTH
COALspot.com – United States the world's second largest coal producer, produced approximately 19.10 million short tons (mmst) of coal ...


Thursday, 10 April 14
DRY BULK MARKET IS RISING CLAIMS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the recent fall of the Baltic Dry Index (BDI), when one compares the first quarter of 2014, to similar quarters of the recent past, it i ...


   750 751 752 753 754   
Showing 3756 to 3760 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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