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Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at US$ 116.65 per ton, which is 2.17percent lesser than October 2011 price.
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 November HBA is 22.13 percent higher compared to the same month in 2010.
Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX) and the New Castle Global Coal Index (GC) 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 0.8%, Ash Content 15.00% and delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery between 1 - 30 November 2011.
Any deliver of cargo after 30 November, must be used the particular month's HPB unless the deliveries fall under term contract.
The November HBA is a marginal drop of US$ 2.59 per ton or down 2.17 percent compared with October 2011 Coal reference price. Government has taken around 10 days to release this month HBA.
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 53coal 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 has been established to fulfill the requirement of mining law 04/2009 and the ministerial decree no.17/2010 and also aims to increase government revenue from royalties from coal producers.
Click here for complete details of Indonesian coal reference prices since January 2009.(cs)
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Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
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Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
Wednesday, 26 October 11
PWCS GLOBAL SHIPPING BENCHMARKING ANALYSIS: RECOVERY IN 2010 BUT GREAT UNCERTAINLY FOR 2011
The recovery of global trade in 2010 to the same levels as 2008 led to an improvement in the overall performance of shipping companies in 2010 compa ...
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- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
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