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.
|
|
Wednesday, 05 August 15
SHIPPING MARKET INSIGHT - KATERINA RESTIS
On July 14th, 2015 a historical consensus was reached in Vienna between Iran and the five permanent members of the U.N. Security Council, plus Germ ...
Wednesday, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround.
Ac ...
Wednesday, 05 August 15
FOB INDONESIA THERMAL COAL SWAPS FALL
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Wednesday, 05 August 15
DRY BULKER PRICES START TO FIRM UP AS MARKET SENTIMENT IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Market pessimism in the dry bulk industry, a trend which had established itself over the course of the year, has started to fade away over the past ...
Tuesday, 04 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO FALL DUE TO SLIDING DEMAND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
|
|
|
Showing 2886 to 2890 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
|
| |
| |
|
