We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
 COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference price for coal sales in March 2013 gained 1.97 percent compared to last month. The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for March 2013 at US$ 90.09 per ton, US$ 1.74 higher than February 2013 bench mark Price.
HBA is on a rising trend since November 2012. The government of Indonesia had expected the Indonesia coal reference price (HBA) to reach over US$100 per ton this year. If HBA continues its journey on this trend, then, it will reach government prediction within the end 2nd quarter 2013.
This coal benchmark price was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using formula based on the February 2013 index average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 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 March 2013.
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 March 2013 HBA is 20.18 percent or $ 22.78 lower Y-o-Y basis.
The price was only valid for the spot price (loading on or before 31 March 2013), while as for term price (up to 12 months supplies), the average reference price (HPB) of the previous three months will be used to determine the selling price. (50% of the latest available month HPB, 30% of one month prior HPB and 20% of two-month 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 62 coal types with a quality similar to the coal price markers.
For sales in the 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 been revised to comply with new coal pricing regulation, which was fully implemented on 23 September 2011.
Click here for complete Indonesian coal reference prices since January 2009.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW but CFR South China coal ship ...
Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT
COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that, on US and China&rsquo ...
Friday, 11 January 13
HBA HAS JUMPED BY US$ 5.80 PMT IN JANUARY 2013
COALspot.com - The Indonesian government has declared bench mark price for coal higher than December price. The monthly coal reference price f ...
Thursday, 10 January 13
PANAMAX : SOME GLIMMERS OF HOPE MID WEEK - FEARNLEYS
According to Fearnley’s weekly report, the Atlantic handy market is stable with rates around USD 11k for Cont-Feast and USD 17k bss USG/Feast. ...
Thursday, 10 January 13
DRY BULK PANAMAX MARKET HEAVILY OVERSUPPLIED, UNLIKELY TO FIND SUPPORT IN 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite positive indication for a significant surge of dry bulk demand this year, the oversupply problems of the market, will continue to weigh heav ...
|
|
|
Showing 4426 to 4430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- The University of Queensland
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Australian Coal Association
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
|
| |
| |
|
