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, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...


Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...


Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...


Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...


Saturday, 18 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...


   26 27 28 29 30   
Showing 136 to 140 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 ...

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