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Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal coal at US$ 112.40 per ton. The government of Indonesia has been publishing a monthly coal reference price (HBA) since February 2010 to be used by coal producers for all future spot and term coal sales contracts.
Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX) and the New Castle Global Coal Index (GC) from the previous month. Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and delivery free on Board (FOB) Vessel basis spot contract. (supply within 12 months).
The declared coal reference price for January 2011 is US$ 112.40 per ton FOB vessel up by US$ 8.99 per ton or 8.69 percent compared to December 2010 Coal reference price. December 2010 coal reference price was at US$ 103.41 per ton.
The declared ICPR in this month was the highest since the government starts to declare ICPR ( HBA) price from February 2010. The lowest HBA was declared in April last year.
Government also declaring reference price for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other 52 coal types with a quality similar to the coal price markers.
For term sales of above one year, the average of coal reference price for the last three months is used to set coal prices for a one-year contract.
For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers. (Updated News)
Click here for complete details of Indonesian coal reference price(cs)
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Wednesday, 25 November 20
DRY BULK SHIPPING: CHINA REMAINS THE DRIVING FACTOR, BUT COAL POLICY IS DISRUPTING THE MARKET - PETER SAND, BIMCO
The second half of the year has provided some cheer for the dry bulk market, with all ships in the spot market averaging earnings above the break-e ...
Wednesday, 25 November 20
CHINA KICKS AN OWN GOAL WITH AUSTRALIAN COAL - FORBES
China’s annoyance at Australia’s hardline stance on political interference and demands for an independent inquiry into the root cause o ...
Wednesday, 25 November 20
MINISTER - INDONESIA JAN-OCT COAL OUTPUT AT 459 MILLION TONNES - REUTERS
Indonesia coal output in the January to October period was 459 million tonnes, the country’s energy minister told parliament on Monday.
& ...
Wednesday, 25 November 20
INDIA: MORE STEPS NEEDED TO MAKE COMMERCIAL COAL MINING ATTRACTIVE TO GLOBAL PLAYERS - LIVEMINT
India concluded its first commercial coal mine auctions earlier this month. A total of 19 coal mines spread across Madhya Pradesh, Jharkhand, Odish ...
Wednesday, 25 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.38 PCT - XINHUA
China Taiyuan coal transaction price index stood at 129.21 points Monday, up 0.38 percent week on week.
The index, released by China ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- VISA Power Limited - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- PTC India Limited - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
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