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.
|
|
Monday, 02 April 12
BANGLADESH EYEING INDONESIA FOR COAL
COALspot.com - The high level executives of Center for Environmental and Geographic Information Services (CEGIS) of Bangladesh is visiting Ind ...
Monday, 02 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first quarter of the New Year ended with the BDI standing 42% above from the 26 years’ bottom low of 662 points on February 1st, and a pos ...
Saturday, 31 March 12
THE BDI CONTINUED TO MOVE UPWARD - VISTAAR
COALspot.com - The BDI continued to move upward and rose by 2.86 pct closing at 934 points.
The cape index was up by 3.14 pct closing at 1,412 po ...
Saturday, 31 March 12
SRI LANKA IMPORTS 152,555 MT OF INDONESIAN COAL IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, shipped 27.126* million tons of coal in February 2012, compared to 28.21* million to ...
Friday, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
|
|
|
Showing 4781 to 4785 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- The University of Queensland
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
|
| |
| |
|
