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Wednesday, 30 March 16
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO REVISE METHODOLOGY TO DETERMINE THE SELLING PRICE OF COAL TO MINE-MOUTH POWER PLANTS
ESDMCOALspot.com: Ministry of Energy and Mineral Resources (ESDM) of Indonesia to review to revise methodology to determine the selling price of coal to mine-mouth power plants in near future. According to media reports,  the current selling price of coal to mine-mouth power plants are based on production costs (cost) plus a margin of 25 percent.

The state owned power producer and distributor is in the opinion that, the current formula to determine the selling price of coal to mine-mouth power plants are  no longer competitive, compare to the current coal price trend. PLN is asking to review the existing formula according to current pricing trend.

The media reports further noted that, the Director General of Mineral and Coal, Ministry of Energy is also willing to review the existing formula to determine the price of coal that to be supplied to mine mouth power plants. There are possibilities to revise the pricing method from production cost plus 25% margin to upper and lower limit and giving room for producer and end-user to negotiate and finalize the price according to the market trend.


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Friday, 18 March 16
DRY BULK MARKET HAS LITTLE TO LOOK FORWARD TO FROM CHINA AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Friday, 18 March 16
COAL PRODUCTION IN THE UNITED STATES SLIGHTLY DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.5 million shor ...


Thursday, 17 March 16
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Wednesday, 16 March 16
OIL SUPPLY OUTPACES DEMAND ON ANY GIVEN DAY, AND BILLIONS OF BARRELS OF OIL ARE BEING STORED RATHER THAN CONSUMED - CHRISTOPHER
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Tuesday, 15 March 16
PORT OF NEWCASTLE SHIPPED 12.78 MMT OF COAL IN FEBRUARY 2016
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