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, 09 March 12
SHIP OWNERS LOOKING TO CHINA FOR REVIVAL, WHILE THEY KEEP SELLING OLD SHIPS FOR SCRAP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With China’s economic policy plan for the future on every ship owner’s mind, at least those involved in the dry bulk industry, the lates ...


Thursday, 08 March 12
INDONESIA'S COAL SECTOR CAN BENEFIT FROM CLEARER REGULATIONS - FITCH RATINGS
Fitch Ratings says Indonesia's coal mining sector should continue to see strong growth prospects but can benefit from clearer and more predictable ...


Thursday, 08 March 12
DRY BULK MARKET ON THE RISE; CHINAS COAL IMPORTS COULD INCREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on rising back to healthier levels yesterday, with the BDI (Baltic Dry Index) the industry’s benchmark, marking its 8 ...


Wednesday, 07 March 12
INDONESIA COAL BENCHMARK PRICE GAINS FOR SECOND MONTH
COALspot.com - Indonesia raised the monthly coal reference price for sales in March by 1.15 percent, the second increase since February. The Mini ...


Wednesday, 07 March 12
INDONESIA TO LIMIT FOREIGN OWNERSHIP IN MINES TO 49 PERCENT WITHIN 10 YEARS OF PRODUCTION
COALspot.com - Foreign holders of mining licenses in Indonesia  have to divert 51% of their stakes to Indonesian government or domestic entitie ...


   962 963 964 965 966   
Showing 4816 to 4820 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 ...

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