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Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.43 per ton, which is 3.63 percent lesser than February 2011 price of US$ 127.05.
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 contracts. The March HBA was 41.30 percent higher Y-o-Y.
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).
Director General Mineral and Coal have declared yesterday coal reference price for March 2011 and also Introduced two new coal brands. The declared HBA was at US$ 122.43 per ton FOB vessel drops by US$ 4.62 per ton or 3.63 percent compared with February 2011 Coal reference price.
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February 2011 coal reference price was at US$ 127.05 per ton.
The declared ICPR in this month is dropped by US$ 4.62 per mt and first dropped in last five months.
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 53 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.
Click here for complete details of Indonesian coal reference price.(cs) (updated 09/03/11 19:03)
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Friday, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...
Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...
Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...
Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
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- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Planning Commission, India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Agrawal Coal Company - India
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