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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, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
...
Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
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- Latin American Coal - Colombia
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- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- The University of Queensland
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
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- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
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- Savvy Resources Ltd - HongKong
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- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
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- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
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- Globalindo Alam Lestari - Indonesia
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- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
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- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
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- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
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- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
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- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Australian Coal Association
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
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- Bhatia International Limited - India
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- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
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- Billiton Holdings Pty Ltd - Australia
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