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, 04 May 12
DEMOLITION KEY FOR DRY BULK MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The overflow of newbuilding vessels which “spilled over” into 2012 from 2011 brought the dry bulk market to a near collapse level at the ...


Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
  The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...


Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...


Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage. USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to ...


Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that,  the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...


   947 948 949 950 951   
Showing 4741 to 4745 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 ...

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