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.
|
|
Thursday, 07 January 21
FITCH FORECASTS DOUBLING IN ASIAN WIND, SOLAR CAPACITY BY 2029, TOPPING 1,500GW
Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, ...
Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
|
|
|
Showing 676 to 680 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
|
| |
| |
|
