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Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of May 201 to be used by coal producers to price for all future coal sales.
May 2010 HBA (Indonesian coal price reference) reaches US$ 92.07 Per ton FOB mother vessel compare to 86.58/t FOB vessel in April 2010.
Coal price reference (HBA) was calculated from the monthly average of four international coal indices such as Indonesian coal index / ICI 1, Platts-1,New Castle Export Index and Newcastle globalCoal Index.
Coal price reference is based on coal with GCV (GAR) 6,322 kcal/kg; Total Moisture (arb) 8.00%; Total Sulphur 0.8%; Ash Content 15.00% and free on Board (FOB) Vessel.
The coal price reference, which has been established to fulfill requirement of mining law 04/2009 and aims to increase government revenue from royalties from coal producers.
The declared coal price reference for May 2010 is US$ 92.07 FOB Vessel up 6.34 percent compared to April Coal price reference.
April 2010 coal price reference was US$ 86.58 per ton according to DJMBP (cs)
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Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
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