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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, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
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- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Australian Coal Association
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
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