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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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Wednesday, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing
China is rep ...
Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference
2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique
http://www.immevents.com/mo ...
Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...
Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...
Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...
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- Ambuja Cements Ltd - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
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