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, 23 August 18
SUPRAMAX: SOME FRESH COAL CARGOES APPEARED IN SE ASIA, GIVING A BIT PRESSURE ON RATES FOR END AUGUST SHIPMENTS - FEARNLEYS
Capesize
Slightly softer but generally very healthy for the big ships, with limited supply of early tonnage and positive Brazilian ore export v ...
Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
|
|
|
Showing 1641 to 1645 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
|
| |
| |
|
