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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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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Bahari Cakrawala Sebuku - Indonesia
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- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
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- The University of Queensland
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- Bhoruka Overseas - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
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- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
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- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
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- Posco Energy - South Korea
- Thai Mozambique Logistica
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- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
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- Singapore Mercantile Exchange
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- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
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- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
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- New Zealand Coal & Carbon
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- Planning Commission, India
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- White Energy Company Limited
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- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
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- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
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- Eastern Energy - Thailand
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
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- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
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- Energy Link Ltd, New Zealand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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