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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, 25 July 18
TANKER MARKET INSIGHT - DIMITRIS KOURTESIS
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TANKER MARKET : IN TERMS OF TRADE, THE STEPS THAT WERE SLOWLY BEING TAKEN BY OPEC AND RUSSIA - GEORGE LAZARIDIS
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Thursday, 19 July 18
VINACOMIN PRODUCES OVER 20 MLN TONNES OF RAW COAL FROM YEAR'S START - VNA
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Wednesday, 18 July 18
INDONESIA TO AUCTION 16 MINING SITES - JP
Indonesia will soon auction 16 mining sites as no proposal submissions have been submitted by state-owned enterprises (BUMN) and regional administr ...
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- Energy Link Ltd, New Zealand
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- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
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- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Parliament of New Zealand
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
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- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
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