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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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Monday, 11 October 21
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Saturday, 09 October 21
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Friday, 08 October 21
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Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
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Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
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- Gujarat Mineral Development Corp Ltd - India
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- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
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- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- The University of Queensland
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- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Planning Commission, India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
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- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
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- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
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- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- White Energy Company Limited
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
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- ASAPP Information Group - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Coastal Gujarat Power Limited - India
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- Electricity Authority, New Zealand
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- Directorate General of MIneral and Coal - Indonesia
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- Georgia Ports Authority, United States
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- McConnell Dowell - Australia
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- Sree Jayajothi Cements Limited - India
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- Meralco Power Generation, Philippines
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- Standard Chartered Bank - UAE
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- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
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- MS Steel International - UAE
- Medco Energi Mining Internasional
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- Orica Australia Pty. Ltd.
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- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Parliament of New Zealand
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- Xindia Steels Limited - India
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- Ministry of Mines - Canada
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- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
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- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- VISA Power Limited - India
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- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
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- Economic Council, Georgia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
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