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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, 14 July 16
SHIPPING'S HALF YEAR REPORT - 'MUST DO BETTER' - CLARKSONS
It’s the time of year, with the school holidays and end of term approaching, that many pupils will nervously take home their school reports t ...
Wednesday, 13 July 16
EIA FORECASTS U.S. COAL EXPORTS TO DECLINE BY 15 MMST IN 2016 AND BY 4 MMST IN 2017
COALspot.com: U.S. coal production in June was 57 million short tons (MMst), a 6 MMst (13%) increase from May and 9 MMst (14%) lower than in June 2 ...
Wednesday, 13 July 16
2015 VS. 2016; THE DRY BULK DEMOLITION DERBY - JOHN N. COTZIAS
In the first half of the year 373 Bulkers and General Cargo ships were scrapped representing 23.8mil tons of dwt carrying capacity.
Comparing ...
Tuesday, 12 July 16
DUE TO LONG HOLIDAYS, CS COAL INDICES HELD AT THE SAME LEVEL OF THE PREVIOUS WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin was flat week over week to averaging $39.98 per ton this past week.
Due to the ...
Monday, 11 July 16
COAL MARKETS SAW IMPROVED PRICES IN H1 2016 - SGX'S COMMODITIES MID-YEAR REFLECTION
COALspot.com: Coal
Coal markets saw improved prices in H1 2016 with the benchmark coking coal and thermal coal spot prices rising 18% and 25%, re ...
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- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
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- Kohat Cement Company Ltd. - Pakistan
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- Ministry of Transport, Egypt
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- Metalloyd Limited - United Kingdom
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- Indonesian Coal Mining Association
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- Australian Commodity Traders Exchange
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- Binh Thuan Hamico - Vietnam
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- Economic Council, Georgia
- Anglo American - United Kingdom
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- Wood Mackenzie - Singapore
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- IEA Clean Coal Centre - UK
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- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
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- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
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- PTC India Limited - India
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- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
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- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
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- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
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- Bangladesh Power Developement Board
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- Pipit Mutiara Jaya. PT, Indonesia
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- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
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- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
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- Ministry of Mines - Canada
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- The State Trading Corporation of India Ltd
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- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
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- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
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- South Luzon Thermal Energy Corporation
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- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
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- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
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- Energy Link Ltd, New Zealand
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- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
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