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, 13 September 12
PANAMAX: THE NEGATIVE TREND, POOR SENTIMENT CONTINUES - FEARNLEYS AS
Handy Lack of cargoes and a growing list of available ships is causing rates to slip for all Atlantic trades. The only trade keeping somewhat s ...


Thursday, 13 September 12
FUEL EFFICIENT SHIPS MAY BE MORE EXPENSIVE, BUT THEY MAKE FINANCIAL SENSE SAYS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest trend in shipbuilding is the so called "Eco" ship, i.e. ships which offer much better fuel consumption and are more cost-effect ...


Wednesday, 12 September 12
INDIAS COALGATE: TIME FOR A ROOT CANAL
A recent report from India’s Comptroller and Auditor General (CAG) pertaining to the allocation of coal blocks has created a political storm i ...


Tuesday, 11 September 12
CLOUDY AND POLICY RISK INDONESIAN COAL INDUSTRY
COALspot.com - Bahana Securities in its latest coal outlook, commented on the Indonesian coal market, with economic slowdown in the four largest coa ...


Tuesday, 11 September 12
SHIP OWNERS KEEN ON SECOND HAND VESSEL PURCHASES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most ship owners back from their summer rest, things are starting to pick up again in the second hand vessel market, with more and more deals b ...


   914 915 916 917 918   
Showing 4576 to 4580 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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