We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 07 May 12
INDONESIAN HBA FALL AGAIN IN MAY 2012
 COALspot.com - Indonesian HBA fall again to lowest level since January 2011 in May 2012. The monthly coal reference price for coal sales in May fell 3.30%, the lowest dropped in last 17 Months.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for May 2012 at US$ 102.12 per ton, US$ 3.49 lower than April 2012 Price.
This coal benchmark price was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using formula based on the April 2012 index average of ICI-1 (Indonesia Coal Index) 25%, Platts-1 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25%.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8% (arb), Ash Content 15 % (arb) and delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery between 1 - 31 May 2012.
The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since January 2009 to be used by coal producers for all spot and term contracts. However the full implementation of HBA has started only since September 2011.
The May 2012 HBA was 13.17% or $15.49 lower on Y-o-Y basis.
The price was only valid for the spot price (loading before 31 May 2012), while as for term price (up to 12 months supplies), the average reference price (HPB) of the previous 3 months will be used to determine the selling price. (50% of latest available month HPB, 30% of one month prior HPB and 20% of two months prior HPB).
Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are acted as the benchmark and used to calculate other 61 coal types with a quality similar to the coal price markers.
For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
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. According to industry, all existing coal supply agreements with Indonesian coal mining companies have revised to comply with new coal pricing regulation, which was fully implemented on 23 September 2011.
The Indonesian government is also expecting to introduce a coal export duty for coal in near future. According to officials, the proposal is in discussion among the high level officers to determine the percentage of duty. There will be two different types of duty could be introduced such as lower duty for higher calorific value coal and higher duty for unprocessed lower calorific value.
The government also has recently introduced export duty for unprocessed minerals but coal was missing in the recent regulation. Indonesian coal producers were asked to add value for their product such as washing, crashing, blending and upgrading to have a higher-value product prior to eye on the export market and avoid proposed export ban.
In coming months Indonesian coal industry can see number of new regulations.
Click here for complete details of Indonesian coal reference prices since January 2009.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com - Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...
Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
|
|
|
Showing 4706 to 4710 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Planning Commission, India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
|
| |
| |
|
