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

Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down. The BDI was down by 6.58 pct closing at 1,037 points and the ...


Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mi ...


Friday, 20 July 12
INDONESIA-INDIA SUPRAS BEING FIXED AT $ 10K
Handy After a stable last week, the Handysize market has experienced softening rates in the Atlantic. Ships are ballasting from India into the Atla ...


Friday, 20 July 12
HANDYSIZES PROVE RATHER ATTRACTIVE AMONG OTHER SHIPS, IN TERMS OF FUTURE RETURNS ON INVESTMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Handysize segment of the dry bulk market appears to offer the best incentive among other ship types, for a ship owners to invest in, says Interm ...


Wednesday, 18 July 12
TAIWAN POWER COMPANY TO IMPORT 0.588 MILLION TONS OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 588,000 MT tons of extra low sulfur sub-bituminous coal for Taipower thermal power plant thro ...


   929 930 931 932 933   
Showing 4651 to 4655 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 ...

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