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.
|
|
Friday, 25 July 14
U.S WEEKLY COAL PRODUCTION UP AROUND 3.5% WEEK ENDED JULY 19
COALspot.com – United States the world's second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...
Thursday, 24 July 14
INDONESIA'S JUNE 2014 COAL EXPORT VOLUME DOWN 6.82%; AVERAGE SELLING PRICE DOWN
COALspot.com: Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.70* ...
Thursday, 24 July 14
HANDY: SOUTH AFRICA SOFTENED A BIT, HERE RATES ARE AT AROUND 8K +150K BB FOR TRIPS EAST - FEARNLEYS AS
Handy
The handy market in the Atlantic is going sideways and a tick down on low activity. Levels hoovering around USD 5k on Supras. The SMX marke ...
Thursday, 24 July 14
INDONESIAN COAL EXPORTERS ARE REQUIRED TO OBTAIN ET-BATUBARA UNDER LATEST TRADE MINISTRY'S NEW REGULATION
COALspot.com: Indonesia's trade ministry has issued regulation No. 39/M-DAG/PER/7/2014 which is requires exporters of power plant coal as ...
Wednesday, 23 July 14
PANAMAXES WERE BACK ON A DOWNWARD COURSE; CAPES WERE FEELING THE MOST PRESSURE - INTERMODAL
COALspot.com: The Dry Bulk market was on a downward spiral this week, with the BDI noting another week-on-week decline of the magnitude of 10% this ...
|
|
|
Showing 3581 to 3585 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
|
| |
| |
|
