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Monday, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since February 2010 to be used by coal producers for all future spot and term coal sales contracts.
Coal price reference (HBA), the price has calculated based on a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index from the previous month. 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%, Ash Content 15.00% and delivery free on Board (FOB) Vessel supply between 1 - 30 November 2010.
The declared coal price reference for November 2010 is US$ 95.51 per Ton FOB vessel up by US$ 2.83 or 4.13 percent compared to October 2010 Coal price reference. October 2010 coal price reference was at US$ 92.68 per ton.
Government also declaring price reference for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers.
For spot sales of below one year, it will use coal price reference from the previous month and term contracts, the average of coal price reference for the last three months is used to set coal prices for a one-year contract for the following year.
For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
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.
According to coal producers, due to tight availability of coal for various reasons and recent new inquires from Korea, Taiwan and India, the actual physical coal prices of Indonesia are showing positive move and heading to north.
Click here for complete details of Indonesian coal price reference (cs)
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Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct.
The BDI and Cape Size index was down ...
Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...
Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...
Thursday, 04 November 10
CAPE SIZE SENTIMENT FOR THIS WEEK WAS NEGATIVE - FEARNBULK
Handy
The Atlantic markets remain flat and lackluster. High volume of tonnage availabi ...
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- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- VISA Power Limited - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
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