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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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Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
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- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
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- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
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- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
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- India Bulls Power Limited - India
- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
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- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
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- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
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- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
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- Central Electricity Authority - India
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- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
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- Mjunction Services Limited - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
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- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
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- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
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- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
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- SMC Global Power, Philippines
- White Energy Company Limited
- The Treasury - Australian Government
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- Formosa Plastics Group - Taiwan
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- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
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- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
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- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
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- Price Waterhouse Coopers - Russia
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