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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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Wednesday, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
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Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
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Monday, 15 February 16
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COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...


Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week. The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...


Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...


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