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, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...


Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...


Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...


Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...


Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011. China was a largest importer of Indonesi ...


   994 995 996 997 998   
Showing 4976 to 4980 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 ...

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