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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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Friday, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million short to ...
Thursday, 05 May 16
DRY BULK MARKET ON REVERSE MODE, AS HOLIDAYS AROUND THE WORLD HURT DEMAND - HELLENIC SHIPPING NEWS
The dry bulk market’s recent rally has been put on a temporary hold, as various holidays around the world have put a stop in it. In its lates ...
Wednesday, 04 May 16
COAL IMPORTS: A VOLATILE MATTER OR STILL POWERING DOWN? - CLARKSONS
Chinese coal imports decreased significantly in 2014-15, and so far in 2016 the pace of decline appears to have slowed, with imports even recording ...
Wednesday, 04 May 16
IS THE DRY BULK MARKET OUT OF THE WOODS YET, OR NOT? - HELLENIC SHIPPING NEWS
Things are beginning to brighten up in the beleaguered dry bulk market, which is riding on a multi-week rally to find itself around the “psyc ...
Wednesday, 04 May 16
POWER - WEEK: REAL EXAMPLES AND CASE STUDIES
POWER WEEK
7 - 11 November 2016, PARKROYAL on Beach Road Hotel, Singapore
www.power-week.com
Overview
Designed for the global e ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Economic Council, Georgia
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- Price Waterhouse Coopers - Russia
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- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
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- Minerals Council of Australia
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- Singapore Mercantile Exchange
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- Posco Energy - South Korea
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
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- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
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- Eastern Coal Council - USA
- New Zealand Coal & Carbon
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- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Medco Energi Mining Internasional
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- Barasentosa Lestari - Indonesia
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- Sakthi Sugars Limited - India
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- White Energy Company Limited
- Ministry of Finance - Indonesia
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- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
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- Alfred C Toepfer International GmbH - Germany
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- The State Trading Corporation of India Ltd
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- Renaissance Capital - South Africa
- Trasteel International SA, Italy
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- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
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