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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, 12 March 09
ANALYSIS-FIRST NEW JAPAN COAL DEAL MAY NOT SET BENCHMARK - FOREXPROS.COM
* Informal coal-deal practice may come to an end this year
* Buyers expected to ask for a discount
* Biggest losers may be Chinese coal suppli ...
Thursday, 12 March 09
DEPARTMENT RECEIVES REPORT FROM GEOLOGICAL BODY AND NEDO - ESDM
The Geological Body of the Department of Energy and Mineral Resources have presented their Joint Study on Evaluation of Coal Resources and Reserves ...
Wednesday, 11 March 09
TENAGA SHARES CLIMB AS LOWER COAL PRICES CUT COSTS - BLOOMBERG
Bloomberg reported that, Tenaga Nasional Bhd., Malaysia’s state-controlled utility, climbed the most in a month in Kuala Lumpur trading as coal ...
Wednesday, 11 March 09
POSCO WINS 63% CUT IN PULVERIZED COAL PRICES, MACQUARIE SAYS - BLOOMBERG
Bloomberg reported that, Posco, Asia’s third-biggest steelmaker, has settled the first pulverized coal contracts for 2009 at $90 a metric ton ...
Wednesday, 11 March 09
COAL EXPORTERS FEEL THE CHILL FROM ASIAN DOWNTURN -BUSINESS.SMH.COM
Business.smh.com reproted that, The demand for thermal coal - NSW's most valuable export - has begun to reduce dramatically in response to the need ...
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- The Treasury - Australian Government
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- Indian Oil Corporation Limited
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- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
- Mercator Lines Limited - India
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- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
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- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Timah Investasi Mineral - Indoneisa
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- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
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- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
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- Electricity Authority, New Zealand
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- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- The University of Queensland
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- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Minerals Council of Australia
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
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- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
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- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
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- Aditya Birla Group - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
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- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
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- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
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