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, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...


Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply - Increase of around 35% in hard-coal-fired power generation in the first three ...


Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...


Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...


Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...


   87 88 89 90 91   
Showing 441 to 445 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 ...

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