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Monday, 06 May 13
INDONESIAN COAL PRICE REFERENCE FALLS CONTINUE
 COALspot.com - The Indonesian government’s declared coal bench mark price has lost $ 3.23 / MT in May 2013.
The monthly coal price reference for coal sales in May 2013 lost 3.65 percent compared to last month. The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for May 2013 at US$ 85.33 per ton, US$ 3.23 lower than April 2013 bench mark Price.
HBA is on a rising trend since November 2012, but lost its way to reach US$ 100/ MT since last month.
This coal benchmark price was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using formula based on the March 2013 index average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25%.
Assessment basis of coal price reference 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 applicable for spot contract, delivery between 1 – 30 April 2013.
The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since January 2009 to be used by coal producers for all spot and term contracts. However, the full implementation of HBA has started only since September 2011.
The May 2013 HBA is 16.44 percent or $ 16.79 lower Y-o-Y basis.
February 2011 declared HBA was the highest since the launching of HBA by government of Indonesia (US$ 127.05 / MT) but lowest was declared in May 2009 (US$ 62.83/ MT).
The price was only valid for the spot price (loading on or before 31 May 2013), while as for term price (up to 12 months supplies), the average reference price (HPB) of the previous three months will be used to determine the selling price. (50% of the latest available month HPB, 30% of one month prior HPB and 20% of two-month prior HPB).
Government also declared price marker for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are acted as the benchmark and used to calculate other 63 coal types with a quality similar to the coal price markers.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel. Government has recently issued a regulation (644.K/30/DJB/2013 dated 21 March 2013) to regulate or determine coal prices on FOB barge. Government also fixed the freight for barging, surveyor, insurance and etc.. to determine FOB barge price.
The coal price reference, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.
Click here for complete Indonesian coal price reference since January 2009.(cs)
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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Showing 46 to 50 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
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