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

Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...


Monday, 28 November 11
CITING CONTRACTS, MINING FIRMS ARE NOT PAYING ROYALTIES UNDER LAW - THE JAKARTA POST
The Jakarta Post reported that, when the 2009 Law on Minerals and Coal was endorsed, hopes that Indonesia could maximize its revenue from the minera ...


Monday, 28 November 11
NEW ENVIRONMENTAL MARINE REGULATIONS TO IMPACT SHIPPING IN 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
August of next year will see some major changes for marine navigation. It’s when the North American ECA will come into force, introducing a 1% ...


Sunday, 27 November 11
INDIA'S KPCL TO IMPORT 50 MMT OF COAL FOR 10 YEARS
COALspot.com - Karnataka Power Corporation Limited (KPCL) will buy 5 million metric tonnes of coal annually for 10 years starting from 2015. In a ...


Saturday, 26 November 11
INDIAN PORTS ARE BECOME COAL STOCKPILES..!!
COALspot.com - The Indian coal stocks and power tariff situation is the hot topic among the world coal producers as well as Indian coal importers.&n ...


   990 991 992 993 994   
Showing 4956 to 4960 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 ...

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