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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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Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
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