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

Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
  COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...


Friday, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...


Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...


Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...


Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...


   893 894 895 896 897   
Showing 4471 to 4475 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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