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.
|
|
Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks.
Bank of Tokyo Mitsubishi ...
Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...
Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...
Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy.
Shareholders will get a combine ...
Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...
|
|
|
Showing 5871 to 5875 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
|
| |
| |
|
