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Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.38 lower than December 2011 price. The December HBA was sets at US$ 112.67 per mt.
January's HBA is the lowest since January 2011 and 2.99 percent lower than December HBA. January HBA has fallen for the third consecutive month to US$109.29/t, from US$119.24/t in October 2011.
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.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur (arb) 0.80%, Ash Content (arb) 15.00% and delivery free on Board (FOB) Vessel supply between 1 – 31 January 2012.
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 refer past HBA / HPB, click here
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Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
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- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Australian Coal Association
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
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