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.
|
|
Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com - Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...
Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
|
|
|
Showing 4706 to 4710 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
|
| |
| |
|
