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Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for thermal coal at US$ 127.05 per ton, which is 13.03 percent higher than January 2011 price of US$ 112.40.
The government of Indonesia has been publishing a monthly coal reference price (HBA) since February 2010 to be used by coal producers for all future spot and term contracts. The February HBA was 44.68 percent higher compared with a year earlier.
Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX) and the New Castle Global Coal Index (GC) 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 basis spot contract. (supply within 12 months).
Director General Mineral and Coal have declared today coal reference price for February 2011. The declared HBA was at US$ 127.05 per ton FOB vessel up by US$ 14.65 per ton or 13.03 percent compared with January 2011 Coal reference price.
January 2011 coal reference price was at US$ 112.40 per ton.
The declared ICPR in this month was the highest since the government starts to declare ICPR ( HBA) since February 2010. The lowest HBA was declared in April last year at US$ 86.50.
Government also declaring reference price for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other 52 coal types with a quality similar to the coal price markers.
For term sales of above one year, the average of coal reference price for the last three months is used to set coal prices for a one-year contract.
For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
The coal reference price, 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 reference price.(cs)
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Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...
Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...
Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy
Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...
Thursday, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...
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- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
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- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
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- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
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- Tata Chemicals Ltd - India
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- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
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- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- The University of Queensland
- Australian Coal Association
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
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