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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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Monday, 17 August 15
CFR SOUTH CHINA COAL SWAPS CONTINUE TO HEAD SOUTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 40 (1.05%) per MT month over month.
A commodi ...
Sunday, 16 August 15
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO STEADY NEXT WEEK
COALspot.com: The BDI softened 12.08 per cent to 1055 points this week due to weakening of cape index which was fell 25 per cent week over week to ...
Friday, 14 August 15
FOB INDONESIA COAL SWAP SHOWING NO MOVEMENT THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Friday, 14 August 15
U.S. COAL PRODUCTION UP 2.9 PER CENT THIS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.2 million shor ...
Friday, 14 August 15
CONDITIONS AND COMPLEXITIES IN A TRIPARTITE AGREEMENT: BE SPECIFIC! - INCE & CO
KNOWLEDGE TO ELEVATE
A tripartite agreement reached between the Owners, the Shippers and the Receivers provided that demurrage be paid to the ...
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- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- White Energy Company Limited
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
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