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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)
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Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize
The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.
...
Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.
The ...
Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...
Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...
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Showing 1586 to 1590 news of total 6871 |
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- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Economic Council, Georgia
- The Treasury - Australian Government
- White Energy Company Limited
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
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