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, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks. The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...


Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...


Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...


Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...


Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...


   937 938 939 940 941   
Showing 4691 to 4695 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 ...

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