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, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE


COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1.42 per ton in May 2011.

This coal benchmark was calcualted coal with calorie of 6,322kcal/kg (GAR), stated to be using formula based on the May 2011 index average of ICI-1 (Indonesia Coal Index), Platts-1, NEX (Newcastle Export Index), and GC (globalCoal Index).

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 - 30 June 2011.

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 June HBA was 22.43 percent higher Y-o-Y.

The price is only valid for spot price, while as for term price, the benchmark is using the average of recent 3 months benchmark prices and valid for coal contract at least 12 months.

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 54 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transshipment 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. According to industry, all existing coal supply agreements with Indonesian coal mining companies will have to be revised to comply with new coal pricing regulations before September 23, 2011.

As a result of the Indonesian new pricing formula, price of Indonesian coal will go up by $30 a tonne and lead to a INR 0.70  (Approx. US$ 0.015) per unit increase in cost of electricity generation, as quoted by an Indian paper.

Indonesian coal prices are also gaining on a shortage of coal in China to meet summer demand, said a coal trader from Kalimantan. Chinese local media reported that, Beijing may cut the 17 percent value-added tax and port charges on imported coal to encourage more overseas purchases. China is now facing its worst summer power shortage in seven years, as quoted by Chinese as well as International medias.

Indian high energy demand also has influenced the coal prices in recent weeks says another coal trader from Jakarta.

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, 18 August 20
BLACKBALLED: WILL COAL BOUNCE BACK FROM SLUMP OR IS IT TERMINAL? - SYDNEY MORNING HERALD
Even by the standards of this miserable year, 2020 has been a shocker for the global coal industry.   As the lockdown kicked in demand ...


Friday, 14 August 20
EIA: COAL PLANTS UNECONOMICAL IN MOST REGIONS - IEEFA
U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables ...


Thursday, 13 August 20
INDIA SHOULD RECORD A SLIGHT DECREASE IN THERMAL COAL IMPORTS, REACHING A VOLUME OF 167 MILLION TONS BY THE END OF 2020 - ASSOCARBONI
Regarding 2020 thermal coal imports forecasts, Vietnam’s coal imports showed a very strong growth in the first half of 2020 and it is believe ...


Thursday, 13 August 20
INDONESIA REMAINS THE LARGEST EXPORTER OF COAL IN THE WORLD - ASSOCARBONI
According to the last Assocarboni data for 2019, Indonesia remains the largest exporter in the world. Thermal coal exports have in fact reached 456 ...


Wednesday, 12 August 20
VIETNAM WAS THE PROTAGONIST OF A SIGNIFICANT INCREASE IN COAL IMPORTS IN 2019 - ASSOCARBONI
The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.   According to Assocarbon ...


   165 166 167 168 169   
Showing 831 to 835 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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