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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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Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
Wednesday, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week.
The 4Q swap was decli ...
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- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
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- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Planning Commission, India
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- Oldendorff Carriers - Singapore
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- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
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- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
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- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Australian Coal Association
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
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