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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, 04 September 15
GOVERNORS WILL HAVE THE POWER TO REVOKE MINERS' PERMITS: ENERGY MINISTRY - JG
Starting Oct. 1, Indonesia's governors will lawfully become "executors" in revoking the licenses of miners that fail to secure a &quo ...
Thursday, 03 September 15
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO REVISE HBA METHODOLOGY
COALspot.com: Ministry of Energy and Mineral Resources (ESDM) in process to revise Indonesian Coal Price Reference (HBA) and expected to complete b ...
Thursday, 03 September 15
THE CHINESE STOCK MARKET AND THE CHINESE ECONOMY CONTINUE TO SUBSTANTIALLY AFFECT TRADING - INTERMODAL
The last week of the summer season saw the BDI dipping further on the back of another significant drop in rates for Capes, which brought the market ...
Wednesday, 02 September 15
PORT OF NEWCASTLE SHIPPED 13.46 MMT OF COAL IN JULY; UP 0.66 PER CENT M-O-M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.224 billi ...
Wednesday, 02 September 15
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
In the beginning of the summer period SnP activity was firm with numerous buyers, coming mainly from Greece and the Far East, inspecting ships and ...
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- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- The University of Queensland
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Planning Commission, India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
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