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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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- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
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- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Mercator Lines Limited - India
- Electricity Authority, New Zealand
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- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
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- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
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- Eastern Coal Council - USA
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- Chamber of Mines of South Africa
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- India Bulls Power Limited - India
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- Sree Jayajothi Cements Limited - India
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- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
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- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
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- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
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- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
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- Meralco Power Generation, Philippines
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- Ministry of Transport, Egypt
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- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
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- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
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- The State Trading Corporation of India Ltd
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- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Economic Council, Georgia
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- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- The Treasury - Australian Government
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- Marubeni Corporation - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
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- The University of Queensland
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- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
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- ICICI Bank Limited - India
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- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
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