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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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Tuesday, 15 September 15
Q2'16 RICHARDS BAY COAL SWAPS DIP TO $ 51.10 PER TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Tuesday, 15 September 15
API 5 FOB NEWCASTLE COAL SWAP FOR 4Q' 2015 DELIVERY CLOSED AT $42.71 PER TON ON 11 SEPT, SGX DATA SHOWS
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.94 per MT (-2.15%) month over month to US$ 42.71 per mt. The sw ...
Monday, 14 September 15
Q1'16 CFR SOUTH CHINA COAL SWAP DECLINED $1.80 PMT M-M
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.62 (3.21 %) per MT month over month.
A commodity ...
Monday, 14 September 15
MOODY'S LOWERS COMMODITY PRICE ASSUMPTIONS ON MACRO, INDUSTRY FACTORS
COALspot.com: Moody's Investors Service has lowered its base metal price assumptions for 2015-17 as slowing growth in China, lower oil prices, ...
Sunday, 13 September 15
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The BDI decreased further by 6.51 per cent or 57 points since last Friday and closed at 818 on 11 September 2015 while the cape index ...
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Showing 2816 to 2820 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- The University of Queensland
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
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