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, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...


Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...


Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...


Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing  a 1.5 folds increase in revenue this year from Rp4. ...


Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...


   987 988 989 990 991   
Showing 4941 to 4945 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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