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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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Thursday, 21 March 13
HANDY : RBCT ROUNDS FIXED AT $ 9000 + 300K BB - FEARNRESEARCH
Handy
The Atlantic market remains firm with cargoes seen to support healthy rates as per last week. The USG-Feast was at USD 25k and Black Sea-Feas ...
Wednesday, 20 March 13
NTPC TO IMPORT SEVEN MILLION TONS COAL FOR FOUR MONTHS
COALspot.com : NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company has awarded&n ...
Tuesday, 19 March 13
CHINA GAS PRICE REFORMS AND APAC GAS PRICING - FITCH STREET VIEW
Fitch Ratings says pricing reform in the Chinese gas sector is unlikely to materially impact gas distributors' margins, and low gas prices in the U ...
Tuesday, 19 March 13
NEWCASTLE COAL EXPORTS FALL BY 4.27 PERCENT ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,365,561 MT of thermal and coking coal for week ended 0700 hours 18 March 2013, Newcast ...
Tuesday, 19 March 13
SHIP PRICES COULD BE CLOSING IN TO REACH THEIR BOTTOM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the latest developments in shipping asset prices has been the reluctance from shipyards to further reduce their price expectations to higher ...
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- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- The University of Queensland
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- White Energy Company Limited
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
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