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Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
 COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.01/MEM.B/2023, the HBA (Calorific Value - 6200 - 6400 GAR coal) has fixed at US$ 283.08 per ton for March 2023 loading.
The Indonesian Coal Price Reference (HBA) is up US$ 6.03 a ton in March 2023, according to data from the Ministry of Energy and Mineral Resources of the Republic of Indonesia. However, the quality of coal for new HBA price is based on 6200- 6400 GAR instead of previous HBA, which was based on 6322 GAR coal.
The Ministry of Energy and Mineral Resources of the Republic of Indonesia is also declared prices HBA I and HBA II for March 2023 shipments.
US$ 136.70 per ton is declared for HBA I (Calorific Value - 5100 - 5300 GAR coal) and US$ 102.26 is declared for HBA II (Calorific Value - 4100 - 4300 GAR coal)
The Ministry of Energy and Mineral Resources of the Republic of Indonesia is no more using Indonesia Coal Index (ICI), Platts-5900, Newcastle Export Index (NEX) and Global coal Newcastle Index (GCNC) to calculate HBA. The HBA is calculated based actual selling prices for the previous month as well as previous 2 months.
The coal price reference in Indonesia was established to fulfil 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.
The government of Indonesia is publishing a monthly coal price reference (HBA & HPB) since January 2009 to be used by coal producers for all spot as well as 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. Starting from March 2023, the new HBA regulation replaces the previous regulations to determine the HBA, HBA I and HBA II monthly prices.
The declared HBA in this month is valid for the spot price (loading on or before 31 March 2023 or until issuing a new HBA).
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
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