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Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
 COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal coal at US$ 112.40 per ton. The government of Indonesia has been publishing a monthly coal reference price (HBA) since February 2010 to be used by coal producers for all future spot and term coal sales contracts.
Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX) and the New Castle Global Coal Index (GC) 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 basis spot contract. (supply within 12 months).
The declared coal reference price for January 2011 is US$ 112.40 per ton FOB vessel up by US$ 8.99 per ton or 8.69 percent compared to December 2010 Coal reference price. December 2010 coal reference price was at US$ 103.41 per ton.
The declared ICPR in this month was the highest since the government starts to declare ICPR ( HBA) price from February 2010. The lowest HBA was declared in April last year.
Government also declaring reference price for eight brands of Indonesia coal which are most commonly traded in the market. The price marker is used to calculate other 52 coal types with a quality similar to the coal price markers.
For term sales of above one year, the average of coal reference price for the last three months is used to set coal prices for a one-year contract.
For sales in barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
The coal reference price, 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. (Updated News)
Click here for complete details of Indonesian coal reference price(cs)
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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
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- Wilmar Investment Holdings
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
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