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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, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...
Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
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- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
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