COALspot.com keeps you connected across the coal world
  • MAY 2022 HBA FOR EXPORTS DECREASED BY 4.42% MOM, AND 73.91% YTM AND 207.15% YOY
  • MAY 2022 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 275.64 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
Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
coalspotCOALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel. 
 
The Indonesia coal price reference increased 2.59% month on month. The Indonesia coal price reference for the month of April 2021 declared at US$ 86.68 for exports. The selling price of coal for the domestic power plants, which is supplying power to state-owned electricity company (Perusahaan Listrik Negara (PLN), is capped at $70 per Ton for April 2021 delivery.
 
The Ministry of Energy and Mineral Resources of the Republic of Indonesia revised up the benchmark price of Indonesian thermal coal in April 2021 loading by US$ 2.19 per ton compared to March 2021 price.
 
The declared Indonesian thermal coal price reference for April 2021 delivery is 31.79% higher compared to that in April 2020 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 148 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 April 2021 was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using a formula based on the March 2021 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- 30 April 2021 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$ 40.37 a ton lower compared to Feb’11 benchmark price. In the meantime, this month’s declared price was around US$ 37.26 higher compared to that in September 2020 benchmark price, which was the lowest price ever declared by MEMR.
 
The government of Indonesia is 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 30 April 2021 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 HBA declared in this month.
 
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 endeavor 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

Tuesday, 15 February 22
IS ANOTHER COAL SHORTAGE CRISIS LOOMING OVER INDIA? - BUSINESS STANDARD
In December last year, the Federation of Indian Mineral Industries (FIMI) shot off a letter to the Prime Minister claiming that the coal crisis was ...


Tuesday, 15 February 22
THERMAL COAL'S RECORD PRICE RUN MAY END UP ITS OWN WORST ENEMY - REUTERS
The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing ...


Thursday, 10 February 22
INDONESIA: COAL EXPORT BAN - SKULD
Indonesia's coal export ban in the light of force majeure and off-hire clauses In January 2022, Indonesia, the world's biggest exporte ...


Thursday, 10 February 22
EIA ANALYSIS CONSIDERS DIFFERENT OUTCOMES FOR COAL MARKETS IN INDIA AND SOUTHEAST ASIA
In our International Energy Outlook 2021 (IEO2021) Issues in Focus: Uncertainty in Coal Trade in India and Greater Southeast Asia, we analyze three ...


Wednesday, 09 February 22
OIL PRICES: "IT'S GOING TO BE VERY EASY" TO GET TO $100/BARREL, ANALYST SAYS - YAHOO FINANCE
Energy and oil prices have been on fire over the last six months — and expect them to go higher, says one analyst.   “For ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6547
News by Category
Popular News
 
Total Members : 27,808
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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