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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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Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...
Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...
Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal.
The tender document also mentioned tha ...
Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...
Saturday, 15 October 11
BUNKER PRICES AND DEMANDS PUSHED FREIGHT RATES UP - VISTAAR
COALspot.com - The market continued to be firm with all segments moving up with biggest gain in Handy size segment up by 15 pct. The BDI was u ...
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- Edison Trading Spa - Italy
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
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