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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, 03 December 09
PROLONGED COAL MARGIN SQUEEZE AHEAD - WESCOAL
Mining Weekly reported that, Coal junior Wescoal foresees a continued margin squeeze ahead. The JSE AltX-listed company's gross margin was reduced ...
Tuesday, 01 December 09
COAL DEMAND REBOUNDING FROM DOWNTURN - U.S. MINING EXECS
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power ...
Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and ...
Monday, 30 November 09
NTPC SCOUTS FOR MORE COAL BLOCKS IN INDONESIA
State-run National Thermal Power Corporation (NTPC) today said it has identified three more coal blocks in Indonesia for acquisition.
"We ha ...
Monday, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...
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- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
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- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Planning Commission, India
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- The University of Queensland
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
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