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Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since February 2010 to be used by coal producers for all future spot and term coal sales contracts.
Coal price reference (HBA) was calculated from the monthly average of four international coal indices such as Indonesian coal Index / ICI 1, Platts-1,New Castle Export Index and Newcastle 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%, Ash Content 15.00% and delivery free on Board (FOB) Vessel.
The declared coal price reference for August 2010 is US$ 94.86 per Ton FOB vessel down by 1.85 percent from July 2010 Coal price reference. July 2010 coal price reference was US$ 96.65.The coal price reference, which has been established to fulfill the requirement of mining law 04/2009 and aims to increase government revenue from royalties from coal producers. However, the actual physical market condition of Indonesian coal is stable or stable to firm instead of falls of International coal index as well as HBA.
According to coal producers, due to tight availability of coal for various reasons and recent new inquires from Korea, Taiwan and India, the actual physical coal prices of Indonesia are standing at the same level of last month instead of falling of coal indices.
Click here for complete details of Indonesian coal price reference (cs)
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Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- Globalindo Alam Lestari - Indonesia
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- New Zealand Coal & Carbon
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- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- McConnell Dowell - Australia
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- SMG Consultants - Indonesia
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