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.
|
|
Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
|
|
|
Showing 5771 to 5775 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
|
| |
| |
|
