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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, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
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- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- MS Steel International - UAE
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