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, 18 October 13
WOOD MACKENZIE FORECASTS CHINA WILL OUTWEIGH THE REST OF THE WORLD FOR BASE METALS DEMAND BY 2017
China set to account for 52% of 117mt base metals market by 2017
China is on track to exceed rest of the World demand by 2017, becoming the singl ...
Friday, 18 October 13
DRY BULK MARKET ON "PAUSE" MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been on "pause" mode over the past week, after China's return from the week long holidays. The industry's benchm ...
Friday, 18 October 13
US PRODUCED 6.7% MORE COAL W-W
COALspot.com – United States the world’s second largest coal producer produced approximately 18.9 million short tons (mmst) of coal in a ...
Thursday, 17 October 13
CAPESIZE: RATES ARE AGAIN MOVING UPWARDS - FEARNRESEARCH
Handy
Activities were obviously slowed down in the Pacific basin. There were only few coal movements which fixed around USD 15-16k for ships in Sin ...
Thursday, 17 October 13
SGX TO LAUNCH "SGX THERMAL COAL FUTURES" NEXT MONDAY
COALspot.com: SGX is to launch two thermal coal futures contracts, SGX API 8 CFR China Coal Index Futures and SGX IHS McCloskey Indonesian Sub-bit F ...
|
|
|
Showing 4056 to 4060 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- The University of Queensland
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
|
| |
| |
|
