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Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) Sakti Wibowo said Bihar has conducted intensive meetings with the Ministry of Energy and Mineral Resources (ESDM) and the Indonesian Coal Mining Association (APBI) to discuss the mechanism of coal futures market. “The latest product of this coal may be preceded by the transaction domestic market obligation (DMO), the next futures contract and the physical market.” The government wants the coal DMO transacted through the mechanism of futures exchanges. During this time the DMO price mechanism has not been controlled transaction and the price fluctuations. “If you put in the futures market will be more transparent.
The Government will also be able to do oversight. “The process, if the new product studies have been completed, the stock will soon submit a proposal to the Commodity Futures Trading Regulatory Agency (BAPPEBTI) next month. After that just wait for permission BAPPEBTI, Rules of Procedure (PTT) and launched. Associated with the mechanism of reference pricing, pricing is a collaboration of Indonesia Coal Index (ICI) and the reference price of coal from foreign exchanges. Which is expected futures exchanges could be used as a benchmark coal price (HBA) for the government. During this time, ICI issued Coalindo Energy PT with Argusmedia meruapakan one of the considerations the government to set the HBA.
Head of the Division of Research and Business Development adds BBJ andam Goddess main goal of making coal futures contract is as a hedge (hedging) and alternative investments. Futures contracts can also be to protect the price of volatility and can get the right price in the long run. In addition to coal, plans to work on the BBJ tin futures contract in 2012. BBJ last week had met with the District Government the Pacific Islands-Indonesia’s largest tin-producing region.
Source: BUMN
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Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...
Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...
Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...
Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...
Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...
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- The University of Queensland
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- White Energy Company Limited
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
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- The State Trading Corporation of India Ltd
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- Kobexindo Tractors - Indoneisa
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- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
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- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
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- Agrawal Coal Company - India
- Indonesian Coal Mining Association
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- Indian Energy Exchange, India
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
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- Coal and Oil Company - UAE
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- Trasteel International SA, Italy
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- Bhoruka Overseas - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
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- ASAPP Information Group - India
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- Orica Australia Pty. Ltd.
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- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Parliament of New Zealand
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- Commonwealth Bank - Australia
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- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
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- The Treasury - Australian Government
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- Semirara Mining and Power Corporation, Philippines
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