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, 23 July 12
NTPC INVITES BIDS FOR 2.6 MILLION TONS OF LOW MOISTURE IMPORTED COAL
COALspot.com - India’s largest electricity generator, NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government ...


Sunday, 22 July 12
NEW CHAIRMAN FOR AUSTRALIAN COAL ASSOCIATION
The Australian Coal Association (ACA) announced that Mr Ross Willims has been appointed as its new independent Chairman effective November 5 2012. M ...


Sunday, 22 July 12
CENTRAL KALIMANTAN COAL RAILWAY NETWORK WILL BE BUILT BY 2015 - THE BORNEO POST
The borneo post reported that, a declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President ...


Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent com ...


Sunday, 22 July 12
TATA POWER SIGNS A LONG TERM COAL SUPPLY AGREEMENT WITH PT ANTANG GUNUNG MERATUS, INDONESIA
COALspot.com - Tata Power, India’s largest integrated power utility, last Friday announced that it has signed a long term coal suppl ...


   928 929 930 931 932   
Showing 4646 to 4650 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 ...

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