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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 November 23
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“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
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Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
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- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
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- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
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- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
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- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
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- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
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- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
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