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Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. The government has sets the February 2012, HBA at US$ 111.58 Per ton for spot sales in the period from 1 - 29 February 2012.
For the term contract price, the average reference price (HBA) of the three months. 50 percent of the latest available month HPB, 30% of one month preceding HPB and 20% of two-month earlier HPB.
The February price is 2.1 percent higher than January 2012 price but 12.2 percent below February 2011 (US$ 127.05).
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 contracts. However, since September 2011, the government has fully implemented the HPB price mechanism for Indonesian coal.
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 (arb) 0.8%, Ash Content (arb)15.00% and delivery free on Board (FOB) Vessel basis spot & term contracts.
Government also declaring reference price for eight brands of Indonesian coal, which are most commonly traded in the market. The price marker is used to calculate other 53 coal types with a quality similar to the coal price markers.
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.
Click here for complete details of Indonesian coal reference price.(cs)
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- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
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