COALspot.com keeps you connected across the coal world
  • JUNE 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 52.98 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

Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...


Tuesday, 23 June 20
COVID-19 COULD CAUSE A BOOM IN COAL POWER - RYSTAD ENERGY | OILPRICE
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development. The delay of new natural gas ...


Tuesday, 23 June 20
CHINA'S COAL OUTPUT UP 0.9 PCT IN JANUARY-MAY: XINHUA
Output of raw coal in China rose 0.9 percent year on year to 1.47 billion tonnes in the first five months of this year, official data showed. & ...


Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
Capesize The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sect ...


Saturday, 20 June 20
WORLD OIL DEMAND IS PROJECTED TO DECREASE BY 9.1 MB/D IN 2020 - OPEC
Crude Oil Price Movements Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals im ...


   3 4 5 6 7   
Showing 21 to 25 news of total 5994
News by Category
Popular News
 
Total Members : 26,978
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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