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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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Friday, 07 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 528.1 MMST; DOWN 8.7% Y/Y - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.7 million shor ...
Thursday, 06 August 15
THE RATES FOR CAPES SHOOT UP LAST WEEK; GIVING THIS RECENT RALLY SOME MUCH NEEDED LEGS - INTERMODAL
COALspot.com: The Dry Bulk market noted another positive closing last week, entirely supported by Capesize performance, which managed to balance th ...
Thursday, 06 August 15
HARD COAL AND COKE IMPORTS TO GERMANY REACH NEW ALL-TIME HIGH OF 56.2M TONES IN 2014
Demand for German and imported hard coal In 2014, in 2014 fell by almost 8%, or 4.8m TCE, to 56.2m TCE.
According to German Coal Importer ...
Thursday, 06 August 15
SEABORNE WORLD TRADE IN STEAM COAL GROWS BY 3% YOY - GERMAN COAL IMPORTER ASSOCIATION
Global trade with hard coal, at 1,272m tones in 2014, increased by 35m tonnes or 3% in comparison with the previous year.
According to associa ...
Wednesday, 05 August 15
SHIPPING MARKET INSIGHT - KATERINA RESTIS
On July 14th, 2015 a historical consensus was reached in Vienna between Iran and the five permanent members of the U.N. Security Council, plus Germ ...
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- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
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