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, 30 December 13
INDONESIAN COAL TO BE PART OF INDEX DETERMINING POWER TARIFFS - BUSINESS STANDARD
In a significant move, power sector regulator CERC has decided to provide 50 per cent weightage for Indonesian coal in the benchmark index that is u ...


Friday, 27 December 13
THE EXPORT OF UNPROCESSED MINERALS WOULD NOT BE ALLOWED AFTER 12 JAN 2014 - INDONESIAN ENERGY MINISTER
COALspot.com: The government of Indonesia will implement Law No. 4 of 2009 on Mineral and Coal in full and consistently by January 12, 2014, said, m ...


Friday, 27 December 13
INDONESIA SHIPPED 15.75 PERCENT MORE COAL IN NOVEMBER
COALspot.com:  Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $2* billion worth of co ...


Thursday, 26 December 13
COAL & OIL GROUP SECURES US$ 250 MILLION FUNDING FOR ITS 1200MW THERMAL POWER PLANT IN INDIA
COALspot.com: Dubai-based Coal & Oil (C&O) Group has announced that it has secured additional funding of approximately Dhs. 1 billion (appro ...


Wednesday, 25 December 13
DRY BULK INDEX LOST SOME GROUND THIS PAST WEEK - INTERMODAL
Chartering (Wet: Firm+  / Dry: Softer -  ) The Dry Bulk Index lost some ground this past week, on the back of activity slowing down befor ...


   786 787 788 789 790   
Showing 3936 to 3940 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 ...

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