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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, 21 June 18
ROBUST ASIAN THERMAL COAL DEMAND CREATES OPPORTUNITIES FOR AUSTRALIA - MINERALS COUNCIL OF AUSTRALIA
Minerals Council of Australia reported, Australia’s world-class coal mining industry can create more jobs in Australia and strengthen t ...
Thursday, 21 June 18
CHINESE REDUCED COAL IMPORT RESTRICTIONS - CAIXIN GLOBAL
Caixin Global reported that the Chinese government has reduced restrictions on coal imports at the nation’s major ports in response to concer ...
Thursday, 21 June 18
INDIAN GOVERNMENT ADMITS COAL SHORTAGE, ASKS DISCOMS TO IMPORT - TIMES OF INDIA
Times of India reported that the power ministry has advised all state governments and private power distribution companies to import coal as Coal I ...
Tuesday, 19 June 18
WCA RESPONDS TO BP STATISTICAL REVIEW OF WORLD ENERGY 2018
Responding to BP’s Statistical Review of World Energy 2018, Benjamin Sporton, Chief Executive of the World Coal Association (WCA) said, &ldqu ...
Wednesday, 13 June 18
U.S. COAL PRODUCTION TO DECLINE BY 2% TO 756 MILLION SHORT TONS MMST IN 2018 - EIA
EIA forecasts U.S. coal production to decline by 2% to 756 million short tons (MMst) in 2018.
According to EIA's Short-Term Ener ...
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- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
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