We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 price reference for coal sales in May 2013 lost 3.65 percent compared to last month. The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for May 2013 at US$ 85.33 per ton, US$ 3.23 lower than April 2013 bench mark Price.
HBA is on a rising trend since November 2012, but lost its way to reach US$ 100/ MT since last 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 May 2013 HBA is 16.44 percent or $ 16.79 lower Y-o-Y basis.
February 2011 declared HBA was the highest since the launching of HBA by government of Indonesia (US$ 127.05 / MT) but lowest was declared in May 2009 (US$ 62.83/ MT).
The price was only valid for the spot price (loading on or before 31 May 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 price marker 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 63 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. Government has recently issued a regulation (644.K/30/DJB/2013 dated 21 March 2013) to regulate or determine coal prices on FOB barge. Government also fixed the freight for barging, surveyor, insurance and etc.. to determine FOB barge price.
The coal price reference, 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.
Click here for complete Indonesian coal price reference since January 2009.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
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 ...
Friday, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...
|
|
|
Showing 4291 to 4295 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- PTC India Limited - India
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
|
| |
| |
|
