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.
|
|
Friday, 02 September 22
INDONESIA COAL PRICE REFERENCE SLIPS SLIGHTLY IN SEPTEMBER 2022
COALspot.com: Indonesian Coal Price Reference for September delivery drops 0.74 per cent month on month.
The Indonesian Coal Price R ...
Friday, 02 September 22
ABM INVESTAMA BUYS 30% GEMS SHARES FOR US$ 420 MILLION
PT ABM Investama Tbk through its indirect subsidiary, bought a 30% stake in the PT Golden Energy Mines Tbk for US$ 420 million or around Rp 6.2 tri ...
Wednesday, 31 August 22
MARKET INSIGHT - INTERMODAL
Scorching temperatures and extremely dry conditions during the Northern hemisphere summer have been drying crops. Yield prospects have subsided in ...
Tuesday, 23 August 22
HIGH COAL PRICES COULD BOOST INDONESIA'S ENERGY TRANSITION - IEEFA
Global coal prices have reached an all-time high as countries stop purchasing Russian coal amidst the Russia-Ukraine conflict. Indonesian coal comp ...
Tuesday, 23 August 22
A COMBINED US$6.8-BILLION CASH BALANCE OF INDONESIAN COAL COMPANIES COULD PROVIDE FOR TIMELY INVESTMENTS IN GREEN TRANSITION - IEEFA
A combined US$6.8-billion cash balance of Indonesian coal companies could provide for timely investments in green transition
The opp ...
|
|
|
Showing 246 to 250 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
|
| |
| |
|
