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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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Thursday, 17 September 15
LOW DEMAND PUSH COAL SWAP DOWN
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and gain week over week.
The 4Q swap declined $ 1.77 (-4.17%) ...
Thursday, 17 September 15
MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
Having experienced, as it was much anticipated, a poor 1st half combined with negative forecasts, summer, in sharp contrast, proved to be more hope ...
Wednesday, 16 September 15
SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES LED A DECLINE IN INDONESIAN COAL PRODUCTION
COALspot.com: Slower growth in world coal demand particularly China and lower international coal prices have led to a decline in Indonesian coal pr ...
Wednesday, 16 September 15
HIGHER TAXES COULD LEAD GREEK SHIP OWNERS OUT OF THE COUNTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
A potential taxation overhaul of the shipping industry in Hellas, which could see the loss of particular tax benefits for ship owners, could lead t ...
Tuesday, 15 September 15
WORLD SEABORNE TRADE: ENTERING INTO A ROLE REVERSAL? - CLARKSONS
Over the past decade, world seaborne trade growth has been dominated by dry bulk and container trade. However, developments in the global economy t ...
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Showing 2811 to 2815 news of total 6871 |
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- India Bulls Power Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
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