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.
|
|
Saturday, 01 September 12
PANAMAX FREIGHT RATES UNDER PRESSURE FROM LOW DEMAND - VISTAAR
COALspot.com - This week the freight market was weak with mixed results.
The BDI was down by 1.95 pct closing at 703 points, however there was so ...
Friday, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...
Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy
The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for tri ...
Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...
|
|
|
Showing 4596 to 4600 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- ASAPP Information Group - India
|
| |
| |
|
