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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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Sunday, 18 March 12
BUKIT ASAM'S NET PROFIT IN 2011 ROSE 54% TO US$ 339.56 MILLION
COALspot.com - Company revenue for the period January - December 2011 amounting to Rp 10.6 trillion (approximately US$ 1,164,835,164.84) recorded an ...
Saturday, 17 March 12
THE FREIGHT RATES FOR INDONESIA TO INDIA REMAINED FIRM - VISTAAR SINGAPORE
COALspot.com - The market continued to be firm and all segments were up except for Cape Index which was down by 2.46 pct closing at 1,466 points.
...
Saturday, 17 March 12
INDIAN GOVT FINALIZES DRAFT BILL FOR COAL REGULATOR - PTI
The coal sector would soon get a regulator as the government has finalised a draft bill for the purpose, Coal Minister Sriprakash Jaiswal said Wedne ...
Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy
A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres ...
Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...
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- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- The University of Queensland
- Bhatia International Limited - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- MS Steel International - UAE
- VISA Power Limited - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- The Treasury - Australian Government
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