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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, 18 April 16
INDONESIAN 5000 GAR COAL INDEX DECLINE 1.43 PERCENT WEEK OVER WEEK - CS (I) COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin fell 1.43 percent week over week to averaging $38.65 per ton on this past Friday, ac ...
Monday, 18 April 16
SOUTH KOREA STATE-OWNED UTILITY KOMIPO INVITES COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 70,000 Metric Tons of 4,600 kcal/kg NAR coal for ...
Monday, 18 April 16
SOUTH AFRICA RB1 COAL HAS LOST GROUND IN INDIA; RB2 MAY LOSE GRIP IF THE PRICE CROSSES US$ 50 A TON - TRADERS
COALspot.com: Indian coal consumers preferred to buy South Africa RB2 coal instead of RB1 coal recent months due to RB2's low CFR price level. ...
Monday, 18 April 16
CAPESIZE INDEX ROSE 44.66 PER CENT WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 15 April 16
PANAMAX MARKET CONTINUES TO FIRM - FEARNLEYS
Cape
It has been a positive freight market for the past few weeks, however, this week the market is taking a small breather, says Fearnleys in it ...
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Showing 2471 to 2475 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
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