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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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Friday, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE
COALspot.com - The Exchange has announced that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 Ap ...
Thursday, 04 April 13
HANDY:QUIET ; PANAMAX: SLOW START; CAPESIZE: LOW ACTIVITIES - FEARNRESEARCH
Handy
The Atlantic markets remain quiet as charterers and owners waiting to see how it moves. The USG-Feast was at USD 20k and Black Sea-Feast was ...
Tuesday, 02 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 633K MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,029,482 tons of thermal and coking coal for week ended 0700 hours 1 April 2013, Newcas ...
Tuesday, 02 April 13
THE GOVERNORS TO TAKE OVER AUTHORITY OF MINING, FORESTRY AND PLANTATION CONCESSIONS
The Indonesian government is planning to transfer the authority of issuing mining, forestry and plantation concessions from municipalities and distr ...
Sunday, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...
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- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- The University of Queensland
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
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