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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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Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
...
Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...
Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics
This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...
Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...
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- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Australian Coal Association
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
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