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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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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 ...
Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...
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- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
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- PowerSource Philippines DevCo
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
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- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
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- Sakthi Sugars Limited - India
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- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
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- GMR Energy Limited - India
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- The Treasury - Australian Government
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- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
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- Electricity Authority, New Zealand
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- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
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- Directorate General of MIneral and Coal - Indonesia
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- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
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- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Economic Council, Georgia
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- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
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- Deloitte Consulting - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
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- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
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- The State Trading Corporation of India Ltd
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- Parliament of New Zealand
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- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
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- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
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