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Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
 COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0.79 lesser than June 2011 Price.
This coal benchmark price was calcualted coal with calorie of 6,322kcal/kg (GAR), stated to be using formula based on the June 2011 index average of ICI-1 (Indonesia Coal Index), Platts-1, NEX (Newcastle Export Index), and GC (globalCoal Index).
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% (arb), Ash Content 15 % (arb) and delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery between 1 - 31 July 2011.
The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since February 2010 to be used by coal producers for all future spot and term contracts. The June HBA was 22.33 percent higher Y-o-Y.
The price was only valid for spot price, while as for term price, the average referance price (HPB) of the previous 3 months.(50% of last month HPB, 30% of a month earlier HPB and 20% of two months earlier HPB) for coal contract at least 12 months.
Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 54 coal types with a quality similar to the coal price markers.
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. According to industry, all existing coal supply agreements with Indonesian coal mining companies will have to be revised to comply with new coal pricing regulations before September 23, 2011.
As a result of the Indonesian new pricing formula, price of Indonesian coal will go up by $30 a tonne and lead to a INR 0.70 (Approx. US$ 0.015) per unit increase in cost of electricity generation, as quoted by an Indian paper.
Indonesian government also drafting a regulation to ban coal with calorific value below 5100 kcal/kg on air dried basis for the export market by 12 January 2014. Indonesian coal producers were asked to add value for their product such as washing, crishing, blending and upgrading to have higher-value product prior to eye on the export market.
Raw coal export will also be restricted.
Indonesian physical coal prices also seem to be soft this week due to less demand from chinese buyers. Coal miner PT Bayan Resources Tbk, has recently entered into a conditional sales and purchase agreement to supply 100 million metric tons of low sulphur coal for 15 years commencing on 2015 to an Indian company.
Click here for complete details of Indonesian coal reference prices since Feb 2010.(cs)
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Monday, 28 September 20
NEW LNG PROJECTS - ALL DRESSED UP AND NO PLACE TO GO - WOOD MACKENZIE
It was meant to be another boom year. After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, at least as much capacity was lined up fo ...
Thursday, 24 September 20
SUPRAMAX: INDO TO INDIA FIXING AROUND US$13,000 - FEARNLEYS
Cape
Over the last week the iron ore segment from Brazil to China has picked up, and we see freight rates up USD 2 (12%) week on week Fearnleys ...
Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year.
...
Wednesday, 23 September 20
VIETNAM'S NEW POWER DEVELOPMENT PLAN MUST OPTIMIZE RENEWABLES AND AVOID FOSSIL FUEL LOCK-IN: IEEFA
EVN’s financial constraints leaves the utility with little room for error
Implementing Vietnam’s soon-to-be-launched next Power De ...
Wednesday, 23 September 20
MARKET INSIGHT - INTERMODAL
Undoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day p ...
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Showing 776 to 780 news of total 6871 |
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- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
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