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, 15 January 18
QUEENSLAND SHIPPED 210.8 MT OF COAL IN 2017, DOWN 5% YOY QUEENSLAND RESOURCES COUNCIL
Queensland's coal exports over the 12 months reached 210.8 mt which is down 10 mt or 5 per cent from the previous year’s record of 220.8 ...
Thursday, 11 January 18
SUPRAMAX: INDO TO CHINA COAL ROUNDS FIXING AT AROUND $10K - FEARNLEYS
Supramax
USG rates improved both for backhaul and fronthaul, Ultras from USG to Japan receiving around $26k daily while supras 1-2k less for same ...
Wednesday, 10 January 18
2018: IT IS PROJECTED, THE SHIPBUILDERS WILL DELIVER FOUR HUNDRED FORTY NEW VESSELS IN 2018
Headlines from IMF's 2017 – World Economic Outlook:
January 2017 - “After a lacklustre outturn in 2016, economic activity is p ...
Tuesday, 09 January 18
INDONESIAN GOVERNMENT DECLARED COAL REFERENCE PRICE UP IN JANUARY
COALspot.com: the Indonesian Coal Price Reference ( HBA) rose 1.60 per cent in January 2018, the latest ministerial decree showed.
The benchma ...
Friday, 05 January 18
U.S. WEEKLY COAL OUTPUT FELL 32.4% PER CENT WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 10.5 million short tons ...
|
|
|
Showing 1831 to 1835 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
|
| |
| |
|