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
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at US$ 116.65 per ton, which is 2.17percent lesser than October 2011 price.

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 November HBA is 22.13 percent higher compared to the same month in 2010.

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 - 30 November 2011.

Any deliver of cargo after 30 November, must be used the particular month's HPB unless the deliveries fall under term contract.

The November HBA is a marginal drop of US$ 2.59 per ton or down 2.17 percent compared with October 2011 Coal reference price. Government has taken around 10 days to release this month HBA.

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 53coal 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 has been established to fulfill the requirement of mining law 04/2009 and the ministerial decree no.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 January 2009.(cs)



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

Recent News

Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...


Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...


Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...


Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...


Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...


   986 987 988 989 990   
Showing 4936 to 4940 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 ...

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