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Wednesday, 03 April 13
HBA HAS LOST US$ 1.53 PER MT IN APRIL 2013
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $1.53 / MT in April 2013.
The monthly coal reference price for coal sales in April 2013 lost 1.70 percent compared to last month. The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for April 2013 at US$ 88.56 per ton, US$ 1.53 lower than March 2013 bench mark Price.
HBA is on a rising trend since November 2012, but lost this month.
This coal benchmark price was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using formula based on the March 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 – 30 April 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 April 2013 HBA is 16.14 percent or $ 17.05 lower Y-o-Y basis.
All time high HBA was declared in February 2011 (US$ 127.05 / MT) and lowest was declared in May 2009 (US$ 62.83/ MT).
The price was only valid for the spot price (loading on or before 30 April 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)
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Tuesday, 07 May 13
NEWCASTLE PORT'S COAL EXPORTS HOLD STEADY WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,975,160 tons of thermal and coking coal for week ended 0700 hours 6 May 2013, Newcastl ...
Monday, 06 May 13
INDONESIAN COAL PRICE REFERENCE FALLS CONTINUE
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $ 3.23 / MT in May 2013.
The monthly coal pr ...
Sunday, 05 May 13
SUB-BIT FOB INDONESIA COAL - MIXED TREND; API 8 CFR SOUTH CHINA COAL - POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.28 percent and API 8 CFR South China Coal shipment&nb ...
Saturday, 04 May 13
INDONESIA TO INDIA PANAMAX FREIGHT : FLAT TO SOFT - CAPT. REDDY
COALspot.com - The demand for iron ore picked up and its pushed up the cape size index by 7.86 pct. Cape index closed at 1,344 points. The BDI ...
Friday, 03 May 13
US PRODUCED 17.9 MILLION SHORT TONS (MMST) OF COAL IN A WEEK
COALspot.com - U.S. produced totaled approximately 17.9 million short tons (mmst) in a week (For the week ended April 27, 2013), EIA said in its lat ...
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- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
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