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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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Recent News

Tuesday, 15 March 16
ADARO ENERGY LOWERED ITS COAL CASH COST BY 16% TO US$ 27.98 PER TONE IN 2015
Difficult Coal Market Condition Persists in 2015, Adaro Lowers Costs,  Reduces Capital Spending and Maintains Solid Liquidity. PT Adaro E ...


Monday, 14 March 16
THE CS 50 INDEX ROSE $0.16 OR, 0.41% TO $38.82 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.41 percent week over week to averaging $38.82 per ton on this past Friday, ac ...


Monday, 14 March 16
THE BALTIC EXCHANGE CONTINUED TO ROSE THIS PAST WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rise this week helped by higher rates for pa ...


Saturday, 12 March 16
PLN, COAL COMPANIES IN TALKS ABOUT PRICES - THE JAKARTA POST
Following a study that predicted that Indonesia would struggle to provide coal for its power stations in the near future, the government will facil ...


Friday, 11 March 16
ADANI GLOBAL BAGS 0.26 MILLION TONS OF COAL CONTRACT FROM LANKA COAL COMPANY
COALspot.com: Lanka Coal Company (Private) Limited, Sri Lanka has awarded 260,000 +/- 10% tons of Power plant 6300 GAR calorific value coal to Adan ...


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