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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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Thursday, 15 May 14
USA COAL CONFERENCE
Press Release: IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Coal USA Conference, June 18-20, 2014, ...
Wednesday, 14 May 14
COAL PRICES IN CHINA HAVE DROPPED TO THEIR LOWEST LEVELS SINCE END-2008
COALspot.com: Coal prices in China have dropped to their lowest levels since end-2008, Fitch says in its latest rating report on one of the coal ...
Wednesday, 14 May 14
ALMOST THROUGH THE HALF OF THE YEAR, THE DRY BULK INDEX SHOW SIGNS OF WEAKNESS; CREATING TO BOTH EXISTING SHIP OWNERS AND POTENTIAL INVESTORS A LOT OF INSECURITY - PANOS MAKRINOS
Almost through the half of the year, the overall shipping market and more specifically the Dry Bulk Index show signs of weakness, creating to bo ...
Tuesday, 13 May 14
NPC COAL EXPORT VOLUMES PLUNGE TO 2.48 MMT WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 12 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Quee ...
Tuesday, 13 May 14
YET ANOTHER POSIDONIA EXHIBITION IS ON ITS WAY - INTERMODAL
With less than a month to go before another Posidonia exhibition starts and all the parties and celebrations get under way we thought that it wo ...
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- Wood Mackenzie - Singapore
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- Petrochimia International Co. Ltd.- Taiwan
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- Bangladesh Power Developement Board
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- Xindia Steels Limited - India
- Planning Commission, India
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- Economic Council, Georgia
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- Aboitiz Power Corporation - Philippines
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- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
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- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
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- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
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- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- The University of Queensland
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- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
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- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
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- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
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- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
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- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
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- VISA Power Limited - India
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- The Treasury - Australian Government
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- Parliament of New Zealand
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- South Luzon Thermal Energy Corporation
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- New Zealand Coal & Carbon
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- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
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- Videocon Industries ltd - India
- Eastern Coal Council - USA
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- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
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- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
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- Ministry of Mines - Canada
- Wilmar Investment Holdings
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- Sojitz Corporation - Japan
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- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
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- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
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- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
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