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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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Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. ...
Monday, 13 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The current sentiment in the dry market resembles memories from the end of 2008, when the Baltic Dry Index closed at the level of 663 points on Dece ...
Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unpro ...
Sunday, 12 February 12
THE BALTIC DRY INDEX CLIMBS 10.51%
COALspot.com - "The markets touched record lows not seen since mid 80’s. However there was some good news with signs of market recovery a ...
Saturday, 11 February 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY
The week was highlighted with intense worries in the eurozone for Greece to secure its second bailout of $130billion by applying a ...
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- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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