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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)
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Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended 0700 hours 29 April 2013, Newca ...
Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...
Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...
Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment gai ...
Sunday, 28 April 13
PANAMAX FREIGHT COULD BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - This BDI closed slightly lower at 871 points (down by 1.91 pct) mainly due to drop in the Panamax index by almost 10 pct.
Th ...
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- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Planning Commission, India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Australian Coal Association
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
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