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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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Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
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- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- The University of Queensland
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
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