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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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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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- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
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