COALspot.com keeps you connected across the coal world
  • JUNE 2022 HBA FOR EXPORTS INCREASED BY 17.51% MOM, 104.36% YTM AND 222.84% YOY
  • JUNE 2022 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 323.91 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, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.
 
As expected, Russia – Ukraine war drives up coal prices in Global Market. 
 
The Indonesian Coal Price Reference rose dramatically from US$ 188.38 in March 2022, to US$ 288.40 in this month, as the demand for coal took hold and supply is failing to follow the trend of the demand.
 
Russia - Ukraine crisis and rebounding electricity demand post Covid-19 have driven up the market for thermal coal, and currently making thermal coal one of the best-performing fuel along with other Fossil Fuel. Since the September 2020, the price of 6322 GAR coal - the benchmark for the Indonesian Coal Price Reference - has climbed 483.57% to above US$ 288 a tonne, it is the highest price level of history of HBA.
  
This month's Indonesia coal price reference which was calculated based on average of March 2022 Index of four international coal indices has increased 41.59% month on month. The Indonesia coal price reference for the month of April 2022 declared at US$ 288.40 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 still capped at $70 per Ton for April 2022 delivery. In the meantime, the selling price of coal for the domestic Industries except Smelter, is capped at $90 per Ton for April 2022 delivery.
 
Y-O-Y : Up US$ 201.72 | 232.72%
Y-T-M : Up US$ 129.90 | 81.96%
M-O-M : Up US$ 84.71 | 41.59%
 
The Ministry of Energy and Mineral Resources of the Republic of Indonesia revised up the benchmark price of Indonesian thermal coal for April 2022 loading by US$ 84.71 per ton compared to March 2022 price.
 
The declared Indonesian thermal coal price reference for April 2022 delivery is 483.57% higher compared to that in September 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 fulfil 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 160 months or since launching of HBA by the government of Indonesia. The royalties and taxes will be calculated based on this declared HPB. 
 
Indonesian coal benchmark price for April 2022 was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using a formula based on the March 2022 index average of ICI-1 (Indonesia Coal Index) 25 per cent, Platts-5900 25 per cent, NEX (Newcastle Export Index) 25 per cent, and GC (globalCoal Index) 25 per cent 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 2022 or until publish an new Coal Price Reference (HBA).
 
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 2022 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 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, 17 February 22
MAJOR INSTITUTIONS PROVIDED OVER $1.5 TRLN TO COAL SECTOR IN 2019-2021, SAYS NGO GROUP - REUTERS
Financial institutions channelled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to November 2021, even ...


Thursday, 17 February 22
APAC THERMAL COAL PRICES TO EASE ON END OF INDONESIA EXPORT BAN - FITCH RATINGS
Fitch Ratings-Shanghai/Singapore-14 February 2022: APAC thermal coal prices are likely to come under pressure in the near term due to seasonally we ...


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 ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6550
News by Category
Popular News
 
Total Members : 27,851
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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