COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 49.42 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON


COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0.79 lesser than June 2011 Price.

This coal benchmark price was calcualted coal with calorie of 6,322kcal/kg (GAR), stated to be using formula based on the June 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% (arb), Ash Content 15 % (arb) and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 July 2011.

The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since February  2010 to be used by coal producers for all future spot and term contracts. The June HBA was 22.33 percent higher Y-o-Y.

The price was only valid for spot price, while as for term price, the average referance price (HPB) of the previous 3 months.(50% of last month HPB, 30% of a month earlier HPB and 20% of two months earlier HPB) 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 government also drafting a regulation to ban coal with calorific value below 5100 kcal/kg on air dried basis for the export market by 12 January 2014.  Indonesian coal producers were asked to add value for their product such as washing, crishing, blending and upgrading to have higher-value product prior to eye on the export market.

Raw coal export will also be restricted.

Indonesian physical coal prices also seem to be soft this week due to less demand from chinese buyers. Coal miner PT Bayan Resources Tbk, has recently entered into a conditional sales and purchase agreement to supply 100 million metric tons of low sulphur coal for 15 years commencing on 2015 to an Indian company.

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

Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...


Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...


Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...


Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked   Pakistan risks locking itself into building m ...


Friday, 04 September 20
IN A DEEPENING DEBT HOLE OF $34 BILLION, INDONESIA’S PLN MUST STOP DIGGING - IEEFA
The utility has added IDR100 trillion in debt annually for the last five years Utilities globally started changing the way they do business ye ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6093
News by Category
Popular News
 
Total Members : 27,094
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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