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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, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...
Monday, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...
Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertai ...
Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...
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- McConnell Dowell - Australia
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- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
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- Binh Thuan Hamico - Vietnam
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- Directorate Of Revenue Intelligence - India
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- Carbofer General Trading SA - India
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- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Antam Resourcindo - Indonesia
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- VISA Power Limited - India
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- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
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- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
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- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
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- Deloitte Consulting - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
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- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
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- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
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- Coalindo Energy - Indonesia
- The Treasury - Australian Government
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- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
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- Wilmar Investment Holdings
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- Sarangani Energy Corporation, Philippines
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- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
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- Mercator Lines Limited - India
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- Altura Mining Limited, Indonesia
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- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
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- Meenaskhi Energy Private Limited - India
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- Anglo American - United Kingdom
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
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- Thai Mozambique Logistica
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