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Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. The government has sets the February 2012, HBA at US$ 111.58 Per ton for spot sales in the period from 1 - 29 February 2012.
For the term contract price, the average reference price (HBA) of the three months. 50 percent of the latest available month HPB, 30% of one month preceding HPB and 20% of two-month earlier HPB.
The February price is 2.1 percent higher than January 2012 price but 12.2 percent below February 2011 (US$ 127.05).
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. However, since September 2011, the government has fully implemented the HPB price mechanism for Indonesian coal.
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 (arb) 0.8%, Ash Content (arb)15.00% and delivery free on Board (FOB) Vessel basis spot & term contracts.
Government also declaring reference price for eight brands of Indonesian coal, which are most commonly traded in the market. The price marker is used to calculate other 53 coal types with a quality similar to the coal price markers.
The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.
Click here for complete details of Indonesian coal reference price.(cs)
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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
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- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Planning Commission, India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
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- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
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- Power Finance Corporation Ltd., India
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- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
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- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- The University of Queensland
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
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