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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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Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
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- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
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