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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, 24 August 17
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The upward trend in the Capesize segment is definitely being supported by the strong momentum in the key iron ore trade routes. The price of high-q ...
Tuesday, 22 August 17
WHAT IS A RELEASE CALL?
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Monday, 21 August 17
BANPU REVEALS FIRST HALF 2017 WITH STRONG RESULTS; SUPPORTED BY HIGHER COAL PRICES
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Showing 1961 to 1965 news of total 6871 |
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- Anglo American - United Kingdom
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- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
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- Semirara Mining Corp, Philippines
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- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
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- Meralco Power Generation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
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- Karaikal Port Pvt Ltd - India
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- New Zealand Coal & Carbon
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- Tamil Nadu electricity Board
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- Wilmar Investment Holdings
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- Australian Coal Association
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- White Energy Company Limited
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- Economic Council, Georgia
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- Chamber of Mines of South Africa
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- Directorate General of MIneral and Coal - Indonesia
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- Parliament of New Zealand
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- Bayan Resources Tbk. - Indonesia
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- Indonesian Coal Mining Association
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- Commonwealth Bank - Australia
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- Grasim Industreis Ltd - India
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- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
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- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Minerals Council of Australia
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- Renaissance Capital - South Africa
- VISA Power Limited - India
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- Eastern Energy - Thailand
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- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
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- MS Steel International - UAE
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- Bukit Asam (Persero) Tbk - Indonesia
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- Antam Resourcindo - Indonesia
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- Directorate Of Revenue Intelligence - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
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- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
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