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Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.
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 May HBA was 27.73 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 and applicable for spot contract, delivery between 1 - 31 May 2011.
Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.
Director General Mineral and Coal have declared today coal reference price for May 2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.
The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.
Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.
For sales in barge, the reference price is reduced by barging and transhipment 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 prices since Feb 2010.(cs)
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Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...
Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...
Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...
Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship about 2.40 million tons of coal over an initial period of 6 months fro ...
Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...
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- Indogreen Group - Indonesia
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Australian Coal Association
- The University of Queensland
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- PTC India Limited - India
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
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