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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, 08 March 22
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Tuesday, 08 March 22
THE HIGH COST OF INDONESIA’S DOWNSTREAM COAL PROJECTS IS UNDERESTIMATED - IEEFA
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Wednesday, 02 March 22
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Tuesday, 22 February 22
THE DRY BULK MARKET HAS MOVED ON A POSITIVE TRACK - ALLIED
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Tuesday, 22 February 22
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- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
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- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
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