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Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly lower than July or 0.87 percent lesser than July 2011 price.
The Indonesian coal reference price, also known as the HBA, for August has fallen for the third consecutive month to US$117.21/t, from US$118.24/t in July.
The HBA has continued to fall since June. The HBA is the minimum price used for the calculation of taxes for producers pay for all future exports and domestic coal sales. It is calculated using a basket of indices, including the price is a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index from the previous month.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.80%, Ash Content 15.00% and delivery free on Board (FOB) Vessel supply between 1 – 31 August 2011.
Eight brands of Indonesian coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers. For spot sales of 11-month or below 11-month supplies, will use coal price reference from the month of loading or B/L date.
For term contracts, the average of coal price reference for the last three months (from the month of price conclusion) is used to set coal prices for a one-year contract. Supplies are limited to a maxium of 12 months.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- The University of Queensland
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Australian Coal Association
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Planning Commission, India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- White Energy Company Limited
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Economic Council, Georgia
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