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, 05 January 17
UNCHANGED COAL-FIRED TARIFFS PRESSURE CHINA'S GENERATORS - FITCH
COALspot.com: China's decision to keep on-grid electricity prices from coal-fired power unchanged amid higher coal prices will further squeeze ...
Thursday, 05 January 17
CAPE MARKET HAVE KEPT SURPRISINGLY FIRM AND ACTIVE DURING THE CHRISTMAS AND NEW YEAR HOLIDAYS - FEARNLEYS
Supramax
The first week after a slow Christmas break has started off with little activity and softening rates. Not surprisingly, the market is fi ...
Thursday, 05 January 17
COMPARISON OF HONG KONG AND LONDON ARBITRATION - SKULD
KNOWLEDGE TO ELEVATE
Whilst London arbitration is the most popular platform for resolution of charterparty disputes, where the parties involved a ...
Wednesday, 04 January 17
INDONESIA'S COAL PRODUCTION IS ESTIMATED TO REACH 434 MILLION TONS IN 2016 EXCEEDED THE GOVERNMENT'S INITIAL TARGET
Indonesia's coal production is estimated to reach 434 million tons in 2016 exceeded the government's initial target. The Ministry of Energy ...
Tuesday, 03 January 17
BENGKULU TO IMPOSE TOUGHER REGULATION FOR UNPROCESSED COAL AND MINERALS EXPORTS IN 2017 - MEDIA
Bengkulu provincial government is planning to impose tougher regulation for export of coal and mineral in 2017. According to liputan6 online portal ...
|
|
|
Showing 2161 to 2165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
|
| |
| |
|
