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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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Monday, 25 August 14
API 8 CFR SOUTH CHINA COAL SWAP GAINED DAY OVER DAY AND MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.30 (+0.44%) day on day and decreased US$ 0.20 (- ...
Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...
Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...
Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE
The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...
Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME
COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successful ...
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- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Planning Commission, India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
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- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
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