We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 18 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...
Saturday, 18 February 23
2023 MARINE FUEL MARKET PREDICTIONS - JOHN BERGMAN, AURAMARINE
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fas ...
Saturday, 28 January 23
COAL GROWTH BLIP NOT TO BE REPEATED - BALTIC EXCHANGE
As 2022 drew to a close, global coal demand looked set to end the year just 1.2% up on the previous year. But that small increase was enough to pus ...
Thursday, 26 January 23
CHINA'S COAL OUTPUT INCREASES IN DECEMBER 2022 - XINHUA
China’s raw coal output posted stable expansion in December 2022, official data showed.
The country produced 400 million tonne ...
Thursday, 26 January 23
COKING COAL NARROWS THE GAP ON THERMAL AS CHINA REOPENS - REUTERS
The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Austra ...
|
|
|
Showing 141 to 145 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Parliament of New Zealand
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Australian Coal Association
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
|
| |
| |
|
