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
Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly lower than August or 0.81 percent lesser than August 2011 price.

The Indonesian coal reference price, also known as the HBA, for August has fallen for the fourth consecutive month to US$116.26 /t, from US$117.21/t in August.

The HBA has continued to fall since June. The HBA is the minimum price used for the calculation of taxes for producers pay for all future exports and domestic coal sales.  It is calculated using a basket of indices, including the price is a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index 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 0.80%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel supply between 1 – 30 September 2011.

Eight brands of Indonesian coal which are most commonly traded in the market.  The price marker is used to calculate other coal types with a quality similar to the coal price markers. For spot sales of 11-month or below 11-month supplies, will use coal price reference from the month of loading or B/L date.

For term contracts, the average of coal price reference for the last three months (from the month of price conclusion)  is used to set coal prices for a one-year contract. Supplies are limited to a maxium of 12 months.

For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...


Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...


Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...


Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...


Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...


   1002 1003 1004 1005 1006   
Showing 5016 to 5020 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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