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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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Tuesday, 28 July 15
INDONESIA DELAYS PLAN TO RAISE COAL ROYALTIES AMID PLUNGING PRICE - JP
The government will postpone a plan to increase royalty payments from coal miners as they are already burdened with the commodity’s plunging ...
Tuesday, 28 July 15
API 5 FOB NEWCASTLE COAL SWAP LOST M-M AND GAINED W-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.15 per MT (-2.51%) month over month to US$ 44.62 per mt. The swap ...
Monday, 27 July 15
KOMIPO INVITES BIDS FOR TOTAL 545,000 MT OF COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to purchase total 545,000 Metric Tons (MT) of coal ...
Monday, 27 July 15
CFR SOUTH CHINA COAL SWAP WEAK M/M; FIRM W/W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.92 (1.77%) per MT month over month.
A commodity swap ...
Sunday, 26 July 15
INDO-INDIA OCEAN COAL FREIGHT RATES REMAIN STEADY
COALspot.com: The freight market continued lost steam towards end of the week and all indices were showing downward trend.
The BDI was up by 3 ...
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- Parliament of New Zealand
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- The University of Queensland
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- PTC India Limited - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
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