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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
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 December 2010 is US$ 103.41 per Ton FOB vessel up by US$ 7.90 or 8.27 percent compared to November 2010 Coal price reference. November2010 coal price reference was at US$ 95.51 per ton.
The declared ICPR in December was the highest in 2010 or since the government starts to declare ICPR ( HBA) Since February 2010. The lowest HBA of this year was declared in April 2010.
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.
Click here for complete details of Indonesian coal price reference (cs)
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Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...
Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
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- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Central Electricity Authority - India
- The University of Queensland
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
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