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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, 01 August 13
CAPESIZE: THE FLOW OF CARGOES REMAINS RELATIVELY STABLE, AND THE PACIFIC IS LOOKING PROMISING - FEARNLEYS AS
Handy
The Pacific market is still facing low activity, so no wonder that the tonnage list is getting longer. It´s still Ramadan and only a fe ...
Wednesday, 31 July 13
COAL GASIFICATION
IBC’s Coal Gasification conference explores the opportunities for coal gasification investment and development in Asia.
With depleting dome ...
Wednesday, 31 July 13
SUPRAMAX : THE PACIFIC BASIN WAS MOVING ON A POSITIVE PATH - EVA TZIMA
COALspot.com: Cape - Despite holding their ground fairly well early on in the week, Capes in the Atlantic basin gave in to the mounting pressure fro ...
Tuesday, 30 July 13
HARD COAL ON THE WAY TO BECOMING THE WORLD'S MOST IMPORTANT ENERGY SOURCE - VDKI
Press Release : Hard coal continued to be the world’s fastest-growing fossil primary energy source in 2012. It covered about 28% of the world ...
Tuesday, 30 July 13
WIJAYA TRI UTAMA PURCHASES MICROCOAL TECHNOLOGIES' CLEAN COAL UPGRADING FACILITY
- First MCI commercial scale application of proprietary microwave technology to upgrade coal thermal output and reduce pollutants
- MicroCoal to re ...
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- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
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- Banpu Public Company Limited - Thailand
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- Chamber of Mines of South Africa
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- Barasentosa Lestari - Indonesia
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- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
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- Madhucon Powers Ltd - India
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- Price Waterhouse Coopers - Russia
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- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
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- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
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- Tamil Nadu electricity Board
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- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
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- Directorate General of MIneral and Coal - Indonesia
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- TeaM Sual Corporation - Philippines
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- Romanian Commodities Exchange
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- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
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- Star Paper Mills Limited - India
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- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
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- Sojitz Corporation - Japan
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- Directorate Of Revenue Intelligence - India
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- The University of Queensland
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- Bhushan Steel Limited - India
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- VISA Power Limited - India
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- Latin American Coal - Colombia
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- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
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- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
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- Mintek Dendrill Indonesia
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- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
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- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
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- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
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- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
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- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
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- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
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