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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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Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
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- Australian Coal Association
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- The University of Queensland
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
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