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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, 02 December 14
U.S WEEKLY COAL PRODUCTION FELL 1.4% WEEK ON WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.6 million short tons (mmst) o ...
Tuesday, 02 December 14
FOB RICHARDS BAY COAL SWAPS LOST MONTH OVER MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month, week on week and day over day.
The Q1 swap has lost U ...
Tuesday, 02 December 14
SUB-BIT FOB INDONESIA COAL Q1' 15 DELIVERY SWAP CLOSED AT US$ 49.50
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 0.4 ...
Monday, 01 December 14
SGX'S FOB NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 52.50
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.50 on 28 November after losing US$ 1.20 (-2.23%) month ove ...
Monday, 01 December 14
Q2' 15 DELIVERY CFR SOUTH CHINA COAL SWAP CLOSED 0.42% LOWER THAN Q1' 15 DELIVERY CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 2.45 (-3.78%) month over month and US$ 0.67 (-1.06%) we ...
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- Independent Power Producers Association of India
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- The University of Queensland
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
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