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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, 31 July 15
COAL PRODUCTION IN THE U.S. UP 3.6% FOR THE WEEK ENDING JULY 25
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.8 million shor ...
Friday, 31 July 15
CHINA'S NEW OIL IMPORT RULES HAVE MINIMAL IMPACT ON STATUS QUO - FITCH
Fitch Ratings says that China's looser criteria for crude oil import rights are a positive but modest step towards encouraging private-sector p ...
Thursday, 30 July 15
EFFECTS OF THE CHINESE STOCK MARKET CRISIS - INTERMODAL
All evidence is currently signaling that the Chinese stock market will be the newest hurdle for the global economy. With the world's second lar ...
Wednesday, 29 July 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED HIGHER THAN Q3'15
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and gains week over week, this past week.
The Q3 swap was decl ...
Wednesday, 29 July 15
Q4' 15 FOB RICHARDS BAY COAL SWAPS DECLINE 4.41% TO $56.52 PMT
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week.
The Q3 swap was down US$ ...
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- Goldman Sachs - Singapore
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- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
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- Central Electricity Authority - India
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- MS Steel International - UAE
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- Minerals Council of Australia
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- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- The University of Queensland
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- Latin American Coal - Colombia
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- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Eastern Energy - Thailand
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- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
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- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
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- GMR Energy Limited - India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
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- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
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- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
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- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
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- Australian Commodity Traders Exchange
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- OPG Power Generation Pvt Ltd - India
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- Merrill Lynch Commodities Europe
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- Wilmar Investment Holdings
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- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
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- PNOC Exploration Corporation - Philippines
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- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
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- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- VISA Power Limited - India
- New Zealand Coal & Carbon
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- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
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