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

Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...


Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...


Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...


Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...


Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...


   958 959 960 961 962   
Showing 4796 to 4800 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 ...

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