We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mineral and Coal of Indonesia, who has authority to declare monthly bench mark price for Indonesian thermal coal, increased Indonesia coal benchmark price for April 2016. The Mineral and Coal department has declared April 2016 HBA at US$ 52.32 per ton for 6322 GAR power plant coal on 11 April 2016.
The April 2016 HBA climbed nearly 1.36% from last month but declined 18.86% the comparable period in 2015.
The April 2016 price reference for Indonesian coal up 1.36% or US$ 0.70 a ton from March 2016. The April Indonesia benchmark price for coal was off 18.86% from the April 2015 price of US$ 64.48 a ton. An increase or decrease in four international coal indices such as ICI-1, Platts-5900, NEX and GC will cause an increase or decrease in HBA every month, as HBA is linked to those indices.
|
The coal price reference in Indonesia was established to fulfill the requirement of mining law 04/2009 and ministerial decree No.17/2010. In addition to that, it aims to increase government revenue from royalties from coal producers.
According to the data from Director General shows that the government has fixed US$ 12.93 a ton (rose 1.33 per cent month on month) for the coal with calorific value 2,995 kcal/kg on GAR with total moisture 50.10% on as received basis for April 2016 FOB vessel delivery. In the meantime, the government is also declared US$ 38.38 per ton as HPB for 5000 GAR coal with total moisture 22.40%, Ash 8.90% and Sulphur 0.54% for April 2016 deliveries.
The February 2016 Indonesia thermal coal reference price (or called HBA) was the lowest in 88 months or since launching of HBA by the government of Indonesia in January 2009. The royalty and taxes will be calculated based on this declared HPB.
Indonesian coal benchmark price for April 2016 was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using a formula based on the March 2016 index 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) and delivery free on Board (FOB) Vessel basis and apply to spot contract, delivery between 1 – 30 April 2016.
The highest benchmark price was declared by the Ministry of Energy & Mineral Resources of Indonesia in February 2011, around 5 years ago and this month declared price is around US$ 74.73 a ton or 58.82 per cent lower compared to Feb’ 11 benchmark price.
The government of Indonesia was publishing a monthly coal price reference (HBA & HPB) since January 2009 to be used by coal producers for all spot and term contracts.
However, the official implementation of HBA was commenced since September 2011 and according to government regulation, the coal benchmark price must be used by the holders of production operation IUPs, special production operation IUP's, and CCoWs as a reference in determining the coal selling price for a particular period.
HBA of February 2011 was the highest since the launching of HBA by the government of Indonesia (US$ 127.05 / MT for 6322 GAR coal) and the lowest was declared in February 2016 (US$ 50.92 / MT).
The declared HBA in this month is valid for the spot price (loading on or before 30 April 2016), while as for term price (up to 12 months supply), the average reference price (HPB) of the previous three months will be used to determine the selling price. (50% of the latest available month HPB (this month) 30% one month prior HPB and 20% of two-month prior HPB).
The government also declared price marker for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands act as the benchmark and used to calculate other 67 coal types with a quality similar to the coal price markers.
The excess of coal supplies and weak demand, fast developments of renewable energy and fall in oil prices are still to be blamed for obstacle of price recovery or the main reasons of falling of coal prices. According to small scale miners, today’s coal price levels were no more supporting any new investments or new explorations in coal mines. Some Indonesian big scale miners are increasing the production to keep their bottom line healthy while small scale miners either closing down the operation or downscale the operation to keep float at this difficult time.
Click here for full details of Indonesian coal price reference since January 2009.(cs).
COALspot.com makes no warranties, express or implied, as to the accuracy adequacy or completeness of the information and assumes no liability in connection with any party use of it. The information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
COALspot.com will endeavour to update information where appropriate, but is under no obligation to do so. All third party users of this website and or data produced or published by the COALspot.com do so at their own risk.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 09 October 17
INDONESIAN COAL PRICE REFERENCE HITS NEW HIGH FOR 2017
COALspot.com: Indonesian coal benchmark price surges 2.13% in October month over month, the latest ministerial decree showed.
The benchmark pr ...
Monday, 09 October 17
INDIA'S COAL IMPORTS UP 10% IN SEPT AS POWER PLANTS FACE FUEL SHORTAGE - PTI
Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, ...
Friday, 06 October 17
U.S. WEEKLY COAL OUTPUT HAS REBOUNDED AFTER DECLINING 5 WEEKS IN A ROW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
Wednesday, 04 October 17
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
During the past couple of months the dry bulk market has displayed particularly strong momentum and we have been witnessing steady appetite and act ...
Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
A report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 1 ...
|
|
|
Showing 1921 to 1925 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- The University of Queensland
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
|
| |
| |
|
