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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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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
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 ...
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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- Indian Oil Corporation Limited
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- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
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- Alfred C Toepfer International GmbH - Germany
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- Minerals Council of Australia
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- Petron Corporation, Philippines
- SMG Consultants - Indonesia
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- Mintek Dendrill Indonesia
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- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
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- Cement Manufacturers Association - India
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- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
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- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
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- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
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- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
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- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
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- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
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- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
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- Global Coal Blending Company Limited - Australia
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- India Bulls Power Limited - India
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