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Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.
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 May HBA was 27.73 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 and applicable for spot contract, delivery between 1 - 31 May 2011.
Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.
Director General Mineral and Coal have declared today coal reference price for May 2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.
The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.
Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.
For sales in barge, the reference price is reduced by barging and transhipment 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 prices since Feb 2010.(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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- Sarangani Energy Corporation, Philippines
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- IEA Clean Coal Centre - UK
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- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
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- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
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- Mercuria Energy - Indonesia
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- Carbofer General Trading SA - India
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- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
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- Indian Energy Exchange, India
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- White Energy Company Limited
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Chamber of Mines of South Africa
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- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
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- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
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- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
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- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
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- Madhucon Powers Ltd - India
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- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
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- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
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- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
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- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
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