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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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Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
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- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
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- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
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- Timah Investasi Mineral - Indoneisa
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- Indian Oil Corporation Limited
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- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
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- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Australian Coal Association
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
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- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Indian Energy Exchange, India
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- Cigading International Bulk Terminal - Indonesia
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- Barasentosa Lestari - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
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- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
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- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
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- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- CNBM International Corporation - China
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- ICICI Bank Limited - India
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- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- GMR Energy Limited - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- PTC India Limited - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
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- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
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