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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, 18 October 13
WOOD MACKENZIE FORECASTS CHINA WILL OUTWEIGH THE REST OF THE WORLD FOR BASE METALS DEMAND BY 2017
China set to account for 52% of 117mt base metals market by 2017
China is on track to exceed rest of the World demand by 2017, becoming the singl ...
Friday, 18 October 13
DRY BULK MARKET ON "PAUSE" MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been on "pause" mode over the past week, after China's return from the week long holidays. The industry's benchm ...
Friday, 18 October 13
US PRODUCED 6.7% MORE COAL W-W
COALspot.com – United States the world’s second largest coal producer produced approximately 18.9 million short tons (mmst) of coal in a ...
Thursday, 17 October 13
CAPESIZE: RATES ARE AGAIN MOVING UPWARDS - FEARNRESEARCH
Handy
Activities were obviously slowed down in the Pacific basin. There were only few coal movements which fixed around USD 15-16k for ships in Sin ...
Thursday, 17 October 13
SGX TO LAUNCH "SGX THERMAL COAL FUTURES" NEXT MONDAY
COALspot.com: SGX is to launch two thermal coal futures contracts, SGX API 8 CFR China Coal Index Futures and SGX IHS McCloskey Indonesian Sub-bit F ...
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- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Australian Coal Association
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- White Energy Company Limited
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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