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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, 07 March 13
PANAMAX : POSITIVE TREND; CAPESIZE : GRADUALLY SLIDE - FEARNLEYS AS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 22k and Black sea-feast was at USD 12k. The ...
Tuesday, 05 March 13
NEWCASTLE PORT SHIPPED 20.77 PERCENT MORE COAL W/E 4 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,631,562 MT of thermal and coking coal for a week ended 0700 hours 4 March 2013, Newcas ...
Sunday, 03 March 13
INDONESIAN THERMAL COAL SWAPS; CHINA CONTRACTS FALL W-O-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent and CFR South China coal shipment&nbs ...
Sunday, 03 March 13
FREIGHT MARKET FROM INDONESIA EXPECTED TO BE FIRM - VISTAAR
COALspot.com – The freight market has been fairly firm this week except for cape size index.
The BDI was up by 4.64 points closing at 776 p ...
Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced& ...
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- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Australian Coal Association
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- White Energy Company Limited
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
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