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Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly lower than August or 0.81 percent lesser than August 2011 price.
The Indonesian coal reference price, also known as the HBA, for August has fallen for the fourth consecutive month to US$116.26 /t, from US$117.21/t in August.
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 – 30 September 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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Wednesday, 05 October 11
WITH CHINA ON HOLIDAY, DRY BULK MARKET REMAINS STAGNANT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has remained to healthy levels after last month’s rally, but with China going on holiday this week, things are looking sta ...
Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
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- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- White Energy Company Limited
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
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