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

Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...


Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...


Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...


Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...


Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...


   75 76 77 78 79   
Showing 381 to 385 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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