COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal commodities. The new rules are contained in the Minister of Energy and Mineral Resources Decree No. 41.K/MB.01/MEM.B/2023. 
 
Referring to the new regulation, there are three reference prices for coal.
 
The government, in this case the Ministry of Energy and Mineral Resources (ESDM) has officially changed the guideline for determining the benchmark price for the sale of coal commodities. The new rules are contained in the Minister of Energy and Mineral Resources Decree No. 41.K/MB.01/MEM.B/2023.
 
HBA (Calorific Value - 6200 - 6400 GAR coal)
The Reference Coal Price (in the equivalent calorific value of 6,322 kcal/kg GAR, Total Moisture 12.58%, Total Sulfur 0.71% and Ash 7.58%, the HBA is: HBA = (0.7*Pm) + (0.3 *Pm-1) (US$/ton) Pm is the average selling price of coal with calories 6,200 -6,400 kcal/kg GAR in the previous month (US$/ton) Pm-1 is the average selling price of coal with calories of 6,200 -6,400 kcal/kg GAR in the previous two months (US$/tonne).
 
HBA I (Calorific Value - 5100 - 5300 GAR coal)
The Reference Coal Price (in the equivalent calorific value of 5,200 kcal/kg GAR, Total Moisture 23.12%, Total Sulfur 0.69% and Ash 6%, the HBA is: HBA I = (0.7*Pm) + (0.3 *Pm-1) (US$/ton) Pm is the average selling price of coal with calories 5,100 -5,300 kcal/kg GAR in the previous month (US$/ton) Pm-1 is the average selling price of coal with calories of 5,100 -5,300 kcal/kg GAR in the previous two months (US$/tonne).


HBA II (Calorific Value - 4100 - 4300 GAR coal)
The Reference Coal Price II (in the equivalent calorific value of 4,200 kcal/kg GAR, Total Moisture 35.29%, Total Sulfur 0.2% and Ash 4.21%, the HBA: HBA II = (0.7*Pm) + (0.3*Pm-1) (US$/ton). Pm is the average selling price of coal with calories 4,100 -4,300 kcal/kg GAR in the previous month (US$/ton). Pm-1 is the average price selling coal with calories of 4,100 -4,300 kcal/kg GAR in the previous two months (US$/tonne)..

The implementation of this formula since 27 on February 2023. Any transactions on and after 27 February 2023 is subject to this new formula.


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

Recent News

Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...


Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.    According to the new HBA regulation No. 41.K/MB.0 ...


Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...


Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...


Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...


   24 25 26 27 28   
Showing 126 to 130 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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