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Monday, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 or 3.4% percent lower than November 2011 price.The November's HBA was at US$ 116.65 per mt.
The Indonesian coal reference price, also known as the HBA, for December has fallen for the second consecutive month to US$112.67 /t, from US$119.24/t in October.
The HBA is the minimum price used for the calculation of taxes for producers pay for all future exports and domestic coal sales. It is calculated using a basket of indices, including the price is a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index from the previous month.
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Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.80%, Ash Content 15.00% and delivery free on Board (FOB) Vessel supply between 1 – 31 December 2011.
Eight brands of Indonesian coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers. For spot sales of 11-month or below 11-month supplies, will use coal price reference from the month of loading or B/L date.
For term contracts, the average of coal price reference for the last three months (from the month of price conclusion) is used to set coal prices for a one-year contract. Supplies are limited to a maximum of 12 months.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
To see the histry of HBA, click here
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Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
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