COALspot.com keeps you connected across the coal world
  • BUMA MINED 4.1 MMT OF COAL AND REMOVED 23.8 M BCM OF OVERBURDEN IN MARCH 2021. YEAR TO DATE, BUMA MINED 12.7 MMT OF COAL, WHICH INCREASED 5% YOY.
  • COAL FINANCING COSTS SURGE AS INVESTORS OPT FOR RENEWABLE ENERGY - THE GUARDIAN
  • INDIA MAY BUILD NEW COAL PLANTS DUE TO LOW COST DESPITE CLIMATE CHANGE - REUTERS
  • APRIL 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 86.68 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
Friday, 02 October 20
THE INDONESIA COAL PRICE REFERENCE RISE AFTER HISTORIC CRASH TO US$ 49.42
CoalspotCOALspot.com: The Indonesia Coal Price Reference for the month of October Rise to US$ 51.00 after historic crash to US$ 49.42 in September 2020.
 
The Ministry of Energy and Mineral Resources of the Republic of Indonesia revised up the benchmark price of Indonesian thermal coal in October 2020 loading by US$ 1.58 per ton compared to September 2020 price.
 
The Coal Price Reference (HBA) for October 2020, up by 3.20% month over month to US$ 51.00 per ton for 6322 GAR power plant coal for October 2020 delivery for exports as well as for domestic end-users including for Indonesian power plant operators.
 
The declared Indonesian thermal coal price reference for October 2020 delivery is 21.30% lower compared to October 2019  price. 
 
An increase or decrease in four coal indices such as Indonesia Coal Index (ICI), Platts-5900, Newcastle Export Index (NEX) and Global coal Newcastle Index (GCNC) will cause an increase or decrease in Indonesian coal price reference every month, as HBA is linked to those coal indices.
 
The coal price reference in Indonesia was established to fulfill the requirement of mining Law 04/2009 and ministerial decree No.17/2010. In addition to that, it aims to increase government revenue from royalties from coal producers.
 
The declared Indonesia thermal coal reference price (or called HBA) for September 2020 was the lowest in 142 months or since launching of HBA by the government of Indonesia. The royalties and taxes will be calculated based on this declared HPB. The highest monthly average price occurred in February 2011, while the lowest coal price occurred in September 2020. The September 2020 HBA was 61.10% lower than the February 2011 price.
 
Indonesian coal benchmark price for October 2020 was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using a formula based on the September 2020 index average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25% and its 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 apply to spot contract, delivery between 1 –  31 October 2020 or until publish an new Coal Price Reference (HBA).
 
The highest benchmark price was declared by the Ministry of Energy & Mineral Resources of Indonesia in February 2011, and this month’s declared price is around US$ 76.05 a ton lower compared to Feb’ 11 benchmark price. In the meantime, this month’s declared price was around US$ 1.58 higher compared to September’ 20 benchmark price, which was the lowest price ever declared by MEMR.
 
The government of Indonesia was publishing a monthly coal price reference (HBA & HPB) since February 2009 to be used by coal producers for all spot as well as term contracts.
 
However, the official implementation of HBA was commenced since September 2011 and according to government regulation, the coal benchmark price must be used by the holders of production operation IUPs, special production operation IUP's, and CCoWs as a reference in determining the coal selling price for a particular period.
 
The declared HBA in this month is valid for the spot price (loading on or before 31 October 2020 or until issuing an new HBA), while (as per previous HBA note) as for term price (up to 12 months’ supply), the average reference price (HPB) of the previous three months will be used to determine the selling price. (A 50 per cent of latest month's HPB (the current month), a 30% one-month prior HPB and a 20% of two-month prior HPB).
 
The government used to declare the price marker for eight brands of Indonesia's coal, which were most commonly traded in the market. Those eight brands act as the benchmark and used to calculate other 69 coal types with a quality similar to the coal price markers. However this time, the government was issued price for HBA and no HPB prices was published.
 
COALspot.com, used its own calculator which is developed based on HBA/HPB formula and terms and condition declared by DGoMC to calculate HPB prices for eight major brands and for other types of coals. The government has stopped declaring formulas or methodologies that used to calculate either HBA or HPB. COALspot.com now publishing HPB and other coal prices based on US$ 51.00 for the basis 6322 GAR coal.
 
Click here for details of Indonesian coal price reference since January 2009.(cs).
 
COALspot.com makes no warranties, express or implied, as to the accuracy adequacy or completeness of the information and assumes no liability in connection with any party use of it. The information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
 
COALspot.com will endeavour to update information where appropriate but is under no obligation to do so. All third party users of this website and or data produced or published by the COALspot.com do so at their own risk.


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

Recent News

Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply   India has stockpiled a record 132 million tonnes of coal – enough t ...


Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations   The emerg ...


Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.   The index, released by Chi ...


Wednesday, 14 April 21
MARKET INSIGHT - INTERMODAL
After a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. O ...


Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
COALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel.    The Indonesia coal pr ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6276
News by Category
Popular News
 
Total Members : 27,393
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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