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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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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
...
Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Petron Corporation, Philippines
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