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, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...


Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000  Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...


Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy The market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...


Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...


Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...


   944 945 946 947 948   
Showing 4726 to 4730 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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