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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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Monday, 13 October 14
NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 54.92, SGX DATA SHOWS
COALspot.com: API 5 FOB Newcastle Coal swap for delivery Q4' 2014 decreased US$ 0.80 (-1.46%) month over month and US$ 0.52 (-0.95%) week over ...
Monday, 13 October 14
INDONESIAN COAL SWAPS FOR DELIVERY Q4' 2014 GAINED WEEK ON WEEK AND DAY ON DAY
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 gained week on week and day on day.
The swap lost US$ 0.13 (-0.25%) month on mon ...
Monday, 13 October 14
Q1' 2015 CFR SOUTH CHINA COAL SWAP CLOSED US$ 0.31 PMT HIGHER THAN Q4' 2014 CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 0.66 (-1.00%) month over month and US$ 0.40 (-0.61%) ...
Sunday, 12 October 14
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE WEAK - VISTAAR
COALspot.com: This week all the segments softened. The BDI down 7.13 pct week on week and closed below 1000 points at 963 points.
The Cape ind ...
Saturday, 11 October 14
COAL PRODUCTION RISES ONLY SLIGHTLY AS GOVT LIMITS MINING OPERATIONS - THE JAKARTA POST
Indonesian coal production rose by only 4 percent in the first nine months of this year, a relatively low increase compared to previous years, as t ...
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- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- White Energy Company Limited
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Planning Commission, India
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
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