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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, 03 August 15
NEWCASTLE COAL SWAPS DECLINE FURTHER THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.92 per MT (-4.22%) month over month to US$ 43.58 per mt. The swap ...
Monday, 03 August 15
CFR SOUTH CHINA COAL SWAPS SLIDE THIS WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.64 (3.14%) per MT month over month.
A commodity swap ...
Sunday, 02 August 15
CAPESIZE RATES PUSH BDI UPWARD
COALspot.com: The freight market was buoyant this week as BDI rose 4.14 pct to 1131 points. The cape index was also increased 16.50 pct 2209 points ...
Saturday, 01 August 15
DRY BULK MARKET KEEPS ITS MOMENTUM, AS OUTLOOK IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although conditions remain more than challenging, especially from an economic point of view (aka China’s stock worries), the dry bulk market ...
Friday, 31 July 15
CAPE'S PAPER MARKET REMAINS FIRM - INTERMODAL
COALspot.com: The positive sentiment that the Dry Bulk market has been enjoying as of the previous month, was carried through last week as well, bu ...
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- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- McConnell Dowell - Australia
- Independent Power Producers Association of India
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- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Australian Coal Association
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
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