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.
|
|
Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
|
|
|
Showing 6521 to 6525 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- The University of Queensland
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Australian Coal Association
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- PTC India Limited - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
|
| |
| |
|
