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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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Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origi ...
Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, ...
Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted f ...
Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax
As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...
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Showing 1726 to 1730 news of total 6871 |
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- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
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