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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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Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...
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- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- The University of Queensland
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
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