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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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Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE RED ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...
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- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Australian Coal Association
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- White Energy Company Limited
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- PTC India Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
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