COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2021 HBA FOR EXPORTS INCREASED BY $19.04 MOM, $74.19 YTM AND $100.61 YOY
  • SEPTEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 150.03 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

Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010. Cape 5TC daily average @ 51,472 ...


Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...


Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...


Monday, 23 August 21
CHINESE COAL PRODUCTION RISES 4.9 PCT IN 1ST 7 MONTHS OF 2021 - NBS
Official figures demonstrated that the Chinese raw coal production surged 4.9 percent annually to 2.26 billion tonnes in the January-July period of ...


Friday, 20 August 21
ARE WE LOOKING AT THE NEXT DRY BULK SUPER CYCLE? IS IT EVEN A CYCLE? - BIMCO
Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs ...


   3 4 5 6 7   
Showing 21 to 25 news of total 6392
News by Category
Popular News
 
Total Members : 27,565
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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