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.
|
|
Sunday, 29 April 12
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The BDI continued to go up with the support of Panamax/Supramax and was up by 8.34 pct closing at 1,156 points.
The cape index was ...
Sunday, 29 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS FOR MAY 2012 DELIVERY WAS STABLE THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps for May deliveries stable this week, according to DSP of SGX AsiaClear OTC Coal Swaps. In the me ...
Friday, 27 April 12
BUKIT ASAMS NET INCOME UP 14% IN 1Q 2012 (UNAUDITED)
Press Release - PT Bukit Asam (Persero) Tbk, announced the Consolidated Financial Statements and Subsidiaries per 31 March 2012 (Unaudited).
Reve ...
Thursday, 26 April 12
AUSTRALIAS COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN
COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silan ...
Thursday, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...
|
|
|
Showing 4746 to 4750 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
|
| |
| |
|
