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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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Sunday, 05 September 10
HARUM ENERGY EYES 7.4 MILION TONS OF COAL OUTPUT IN 2010
Indonesia's coal miner PT Harum Energy Tbk, controlled by Indonesian tycoon Kiki Barki, is eyeing 7.4 million tons of coal production in 2010, a 27 ...
Sunday, 05 September 10
THE FREIGHT MARKET WAS BIT VOLATILE WITH NO CLEAR INDICATION OF THE MARKET - CAPT REDDY
COALsopot.com: The freight market was bit volatile with no clear indication of the market.
However the BDI continued the upward trend mainly due ...
Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid ...
Friday, 03 September 10
BANPU CUTS INDONESIAN HOLDING BUT ITM REMAINS KEY STRATEGIC UNIT - BANGKOK POST
"SET-listed Banpu Plc, Asean's largest coal miner, yesterday announced the sale of an 8.72% stake in its listed coalmining holding company in ...
Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
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- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Australian Coal Association
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- White Energy Company Limited
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
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