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Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.43 per ton, which is 3.63 percent lesser than February 2011 price of US$ 127.05.
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 March HBA was 41.30 percent higher Y-o-Y.
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 yesterday coal reference price for March 2011 and also Introduced two new coal brands. The declared HBA was at US$ 122.43 per ton FOB vessel drops by US$ 4.62 per ton or 3.63 percent compared with February 2011 Coal reference price.
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February 2011 coal reference price was at US$ 127.05 per ton.
The declared ICPR in this month is dropped by US$ 4.62 per mt and first dropped in last five months.
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 53 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) (updated 09/03/11 19:03)
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Friday, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
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- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Australian Coal Association
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
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