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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
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), the price has calculated based on a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index 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 0.8%, Ash Content 15.00% and delivery free on Board (FOB) Vessel supply between 1 - 30 November 2010.
The declared coal price reference for December 2010 is US$ 103.41 per Ton FOB vessel up by US$ 7.90 or 8.27 percent compared to November 2010 Coal price reference. November2010 coal price reference was at US$ 95.51 per ton.
The declared ICPR in December was the highest in 2010 or since the government starts to declare ICPR ( HBA) Since February 2010. The lowest HBA of this year was declared in April 2010.
Government also declaring price reference for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers.
For spot sales of below one year, it will use coal price reference from the previous month and term contracts, the average of coal price reference for the last three months is used to set coal prices for a one-year contract for the following year.
For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
The coal price reference, 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 price reference (cs)
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Saturday, 29 January 11
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Wednesday, 26 January 11
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- Indian Oil Corporation Limited
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- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
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- Edison Trading Spa - Italy
- Petron Corporation, Philippines
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- Leighton Contractors Pty Ltd - Australia
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- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
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- London Commodity Brokers - England
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- Thai Mozambique Logistica
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- Alfred C Toepfer International GmbH - Germany
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- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
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- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Minerals Council of Australia
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- Meralco Power Generation, Philippines
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- Ministry of Transport, Egypt
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- Medco Energi Mining Internasional
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- Kideco Jaya Agung - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
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- Africa Commodities Group - South Africa
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- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- Sakthi Sugars Limited - India
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- South Luzon Thermal Energy Corporation
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- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
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- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
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- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
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- Trasteel International SA, Italy
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