We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE
 COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1.42 per ton in May 2011.
This coal benchmark was calcualted coal with calorie of 6,322kcal/kg (GAR), stated to be using formula based on the May 2011 index average of ICI-1 (Indonesia Coal Index), Platts-1, NEX (Newcastle Export Index), and GC (globalCoal Index).
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 - 30 June 2011.
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 June HBA was 22.43 percent higher Y-o-Y.
The price is only valid for spot price, while as for term price, the benchmark is using the average of recent 3 months benchmark prices and valid for coal contract at least 12 months.
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 54 coal types with a quality similar to the coal price markers.
For sales in barge, the reference price is reduced by barging and transshipment 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. According to industry, all existing coal supply agreements with Indonesian coal mining companies will have to be revised to comply with new coal pricing regulations before September 23, 2011.
As a result of the Indonesian new pricing formula, price of Indonesian coal will go up by $30 a tonne and lead to a INR 0.70 (Approx. US$ 0.015) per unit increase in cost of electricity generation, as quoted by an Indian paper.
Indonesian coal prices are also gaining on a shortage of coal in China to meet summer demand, said a coal trader from Kalimantan. Chinese local media reported that, Beijing may cut the 17 percent value-added tax and port charges on imported coal to encourage more overseas purchases. China is now facing its worst summer power shortage in seven years, as quoted by Chinese as well as International medias.
Indian high energy demand also has influenced the coal prices in recent weeks says another coal trader from Jakarta.
Click here for complete details of Indonesian coal reference prices since Feb 2010.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...
Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world.
Press Release - Total Sinergy ...
Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...
Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
COALspot.com - Indonesian coal exports jumped 23.31 percent during March 2011. The world’s largest coal exporter shipped 27, ...
Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
|
|
|
Showing 5296 to 5300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
|
| |
| |
|
