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Thursday, 03 September 15
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO REVISE HBA METHODOLOGY
 COALspot.com: Ministry of Energy and Mineral Resources (ESDM) in process to revise Indonesian Coal Price Reference (HBA) and expected to complete by this month. According to media reports, the government wants the Indonesian Coal Price Reference to reflect its true value of Indonesian coal.
According to local media reports, the government is in opinion that, Indonesia is a low calorific value coal producer and export, where’s the current HBA was based on high calorific value. Hence a significant revision is required particularly the basis of coal that used to calculate monthly Indonesian Coal Price Reference (HBA).
The current HBA was calculated based on calorific value of 6,322 kcal/kg (GAR), using a formula based on the average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25% and its 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). It is not clear that, whether the government sill going to use the average of three international indices or it is going to revise the formula purely based on Indonesian coal.
The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT for 6322 GAR coal in August 2015. The August price reference for Indonesian coal declined just 0.03% or US cents 2 per MT month over month and lost 7.36% year to date. Indonesian thermal coal reference price or called HBA recorded the lowest level in 80 months in August or since launching of HBA by the government of Indonesia in January 2009.
The new methodology for calculating Indonesian Coal Price Reference (HBA), may push up the minimum selling price of Indonesian coal in the future.
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Tuesday, 01 September 15
FOB RICHARDS BAY COAL SWAPS STILL SLIDING; Q2'16 DELIVERY LOST AROUND 6 PERCENT M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 gain week over week but declined month over month.
The 4Q swap was dow ...
Monday, 31 August 15
API 5 FOB NEWCASTLE COAL SWAP GAINS WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.85 per MT (-4.23%) month over month to US$ 41.87 per mt. The swap ...
Monday, 31 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP ENDS DOWN MORE THAN 4 PERCENT MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.91 (3.78%) per MT month over month.
A commodity ...
Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...
Friday, 28 August 15
DRY BULK SHIP OWNER OPTIMISTIC ABOUT FUTURE PROSPECTS OF THE MARKET: NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk ship owner Golden Ocean appeared optimistic on the long term prospects of the dry bulk market, mainly thanks to an expected resolution of ...
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- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- VISA Power Limited - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Xindia Steels Limited - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- The University of Queensland
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
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