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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, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
Crude oil tanker earnings have come down sharply in recent weeks with Very Large Crude Carrier (VLCC) earnings from the Middle East Gulf to China d ...
Thursday, 07 May 20
UKRAINE PRODUCES 2.5 MLN TONNES OF COAL IN APRIL - UKRINFORM
Ukraine produced 2.5 million tonnes of coal in April 2020, which is 39% less than planned, according to the Coal Miners Union of Ukraine.
...
Thursday, 07 May 20
INDIA: GOVT TO DO AWAY WITH MANDATORY WASHING OF COAL FOR THERMAL POWER UNITS - BUSINESS STANDARD
The Centre is planning to do away with the mandatory requirement of washing of coal before it is transported to thermal power stations. The Ministr ...
Thursday, 07 May 20
CIL'S SUPPLY TO POWER SECTOR FALLS IN MARCH AMID SLUMP IN COAL DEMAND - PTI
The supply of coal to the power sector by state-owned CIL registered a decline of eight per cent to 42.30 million tonne in March in the wake of slu ...
Thursday, 07 May 20
COAL PRICE REFERENCE FALL SHARPLY IN MAY 2020 DUE TO CORONAVIRUS OUTBREAK
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Central Electricity Authority - India
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- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
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- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
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- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
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- Price Waterhouse Coopers - Russia
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- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
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- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
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- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Australian Coal Association
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- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
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- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
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- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sinarmas Energy and Mining - Indonesia
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- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
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- Heidelberg Cement - Germany
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