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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, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...
Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...
Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry ac ...
Sunday, 18 September 11
THE COAL IMPORTS TO INDIA, OUT OF INDONESIA LIKELY TO PICK UP - CAPT. REDDY
COALspot.com - The freight market continued the upward trend until midweek almost touching 2,000 points, however towards second half of the week the ...
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- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Siam City Cement - Thailand
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
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