COALspot.com keeps you connected across the coal world
  • JULY 2021 HBA FOR EXPORTS INCREASED BY $15.02 MOM, $39.51 YTM AND $63.19 YOY
  • JULY 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 115.35 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
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
Index upCOALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel. 
 
The Indonesia coal price reference increased 11.80% month on month. The Indonesia coal price reference for the month of June 2021 declared at US$ 100.33 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 June 2021 delivery.
 
The Ministry of Energy and Mineral Resources of the Republic of Indonesia revised up the benchmark price of Indonesian thermal coal in June 2021 loading by US$ 10.59 per ton compared to May 2021 price.
 
The declared Indonesian thermal coal price reference for June 2021 delivery is 89.37% higher compared to that in June 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 150 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 US$ 77.63 lower than the February 2011 price.
 
Indonesian coal benchmark price for June 2021 was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using a formula based on the May 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 June 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$ 26.72 a ton lower compared to Feb’11 benchmark price. In the meantime, this month’s declared price was around US$ 50.91 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 June 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

Saturday, 08 August 20
GLOBAL COAL POWER PUZZLE - BALTIC EXCHANGE
Global Energy Monitor’s latest Global Coal Plant Tracker has put another nail in the coffin for the coal-carrying fleet with its finding that ...


Friday, 07 August 20
PEABODY'S $1.42 BILLION WRITE-DOWN CONCEDES COAL MINES HAVE LITTLE VALUE AND DIM FUTURE - IEEFA
Trouble at biggest mine in Powder River Basin speaks volumes about state of industry   Peabody Energy, the world’s largest priva ...


Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...


Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...


Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...


   63 64 65 66 67   
Showing 321 to 325 news of total 6351
News by Category
Popular News
 
Total Members : 27,491
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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