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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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Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...
Wednesday, 12 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...
Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 10 June 19
CONSECUTIVE OWNERS OF CARGO: WHO HOLDS TITLE AND THE RIGHT TO SUE? - COLIN BIGGERS & PAISLEY
KNOWLEDGE TO ELEVATE
In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of ...
Monday, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg N ...
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- Ministry of Transport, Egypt
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- The University of Queensland
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- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
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- Eastern Energy - Thailand
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- Indonesian Coal Mining Association
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- Africa Commodities Group - South Africa
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- Eastern Coal Council - USA
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- Mjunction Services Limited - India
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- Altura Mining Limited, Indonesia
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- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
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- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Agrawal Coal Company - India
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- VISA Power Limited - India
- Australian Coal Association
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- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
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- Maharashtra Electricity Regulatory Commission - India
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- Cement Manufacturers Association - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
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- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
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- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Minerals Council of Australia
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- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
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- Romanian Commodities Exchange
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- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
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- Australian Commodity Traders Exchange
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- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
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- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
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- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
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- Planning Commission, India
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- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
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