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, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...


Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...


Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...


Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...


Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...


   92 93 94 95 96   
Showing 466 to 470 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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