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

Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012 - Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...


Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...


Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...


Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas • Funds ...


Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...


   941 942 943 944 945   
Showing 4711 to 4715 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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