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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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Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...
Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...
Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...
Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points and closed at 2,694 poi ...
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 ...
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- Marubeni Corporation - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
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- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- The University of Queensland
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- London Commodity Brokers - England
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- Merrill Lynch Commodities Europe
- Planning Commission, India
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- Parliament of New Zealand
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- San Jose City I Power Corp, Philippines
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- Port Waratah Coal Services - Australia
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- Indian Energy Exchange, India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- Siam City Cement - Thailand
- VISA Power Limited - India
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- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
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- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
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- The Treasury - Australian Government
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- Holcim Trading Pte Ltd - Singapore
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- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
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- Chettinad Cement Corporation Ltd - India
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- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
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- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
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- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
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- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
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- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- GMR Energy Limited - India
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- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
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- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
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