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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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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
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- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- The University of Queensland
- Eastern Coal Council - USA
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Minerals Council of Australia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
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