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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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Friday, 31 July 20
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MARKET INSIGHT - INTERMODAL
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Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
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- Price Waterhouse Coopers - Russia
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- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- McConnell Dowell - Australia
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- Global Business Power Corporation, Philippines
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- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
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- Electricity Authority, New Zealand
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- Indika Energy - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
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- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
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- VISA Power Limited - India
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- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Heidelberg Cement - Germany
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- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
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