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Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
 COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference price for coal sales in March 2013 gained 1.97 percent compared to last month. The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for March 2013 at US$ 90.09 per ton, US$ 1.74 higher than February 2013 bench mark Price.
HBA is on a rising trend since November 2012. The government of Indonesia had expected the Indonesia coal reference price (HBA) to reach over US$100 per ton this year. If HBA continues its journey on this trend, then, it will reach government prediction within the end 2nd quarter 2013.
This coal benchmark price was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using formula based on the February 2013 index average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25%.
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 March 2013.
The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since January 2009 to be used by coal producers for all spot and term contracts. However, the full implementation of HBA has started only since September 2011.
The March 2013 HBA is 20.18 percent or $ 22.78 lower Y-o-Y basis.
The price was only valid for the spot price (loading on or before 31 March 2013), while as for term price (up to 12 months supplies), the average reference price (HPB) of the previous three months will be used to determine the selling price. (50% of the latest available month HPB, 30% of one month prior HPB and 20% of two-month prior HPB).
Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are acted as the benchmark and used to calculate other 62 coal types with a quality similar to the coal price markers.
For sales in the 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 have been revised to comply with new coal pricing regulation, which was fully implemented on 23 September 2011.
Click here for complete Indonesian coal reference prices since January 2009.(cs)
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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- VISA Power Limited - India
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- McConnell Dowell - Australia
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