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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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Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
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Monday, 06 July 20
INDONESIAN COAL PRICE REFERENCE IN FREE FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 06 July 20
SUPRAMAX: A 58,000-DWT FIXING DELIVERY VIETNAM TRIP VIA INDONESIA RE-DELIVERY WEST INDIA IN THE LOW $4,000S
Capesize
The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year. The rally is p ...
Thursday, 02 July 20
PRIVATE COAL MINING MAY SEE WEAK INVESTOR SENTIMENT: ICRA - LIVEMINT
The prospects of commercial coal mining in India may be dimmer than initially expected because of the expected shift in India’s energy mix fr ...
Wednesday, 01 July 20
THERMAL COAL OPTIONS TRADING LAUNCHED IN CHINA'S ZHENGZHOU - XINHUA
Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China’s Henan Province Tuesday.
It i ...
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- Vijayanagar Sugar Pvt Ltd - India
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- Mercuria Energy - Indonesia
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- White Energy Company Limited
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- The University of Queensland
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
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- Australian Coal Association
- Power Finance Corporation Ltd., India
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- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
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- Minerals Council of Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
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- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
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- Ministry of Mines - Canada
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- India Bulls Power Limited - India
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- The State Trading Corporation of India Ltd
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- Makarim & Taira - Indonesia
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- GVK Power & Infra Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
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- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
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- Dalmia Cement Bharat India
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- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
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- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
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- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Singapore Mercantile Exchange
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- Trasteel International SA, Italy
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- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
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- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
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- Carbofer General Trading SA - India
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