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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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Wednesday, 01 January 14
COAL & OIL TO SET UP ANOTHER 1,600 MW POWER PLANT IN INDIA - VENKATARAMANI
COALspot.com: Dubai-based Coal & Oil (C&O) Group is planning to make additional investment of around US$ 1.61 billion to set up 1,600 mega w ...
Wednesday, 01 January 14
DRY BULK CARRIER OWNERS ANTICIPATING AN EVEN STRONGER 2014 YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
To begin with, The Hellenic Shipping News Worldwide team would like to wish you all a Happy and Prosperous 2014! We begin the New Year with our firs ...
Tuesday, 31 December 13
INDONESIA'S COAL PRODUCTION COULD HIT 450 MMT IN 2014 - ICMA
COALspot.com: Indonesia, the fourth largest coal producer and largest coal exporter in the world, to increase coal output in year 2014 instead of th ...
Tuesday, 31 December 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.5 million short tons (mmst) of coal in ...
Tuesday, 31 December 13
MORE THAN $21 BILLION INVESTED IN SECOND HAND SHIP PURCHASES IN 2013
One thing that was apparent in the sale and purchasing markets during 2013 was the ship owners' larger appetite for vessel acquisitions, as most so ...
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- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- VISA Power Limited - India
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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