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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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Wednesday, 26 May 21
NEW POWER AND ENERGY MASTER PLAN MUST BE DESIGNED IN BANGLADESH'S BEST INTERESTS, NOT JAPAN'S - IEEFA
JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant
Clear understandings from the Bangladesh ...
Tuesday, 25 May 21
KOREA SOUTHERN POWER INVITED BIDS FOR 870,000 MT OF MIN 5300 NCV COAL FOR 2021 TO 2023.
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 870,000 MT of Min 5,300 kcal/kg NCV coal for Augu ...
Tuesday, 25 May 21
CHINA’S COAL OUTPUT RISES IN FIRST FOUR MONTHS - XINHUA
China’s raw coal output rose 11.1 percent year on year to 1.29 billion tonnes in the first four months of 2021, official data showed.
&nb ...
Tuesday, 25 May 21
MARINE SHIPPERS BULK UP: ANOTHER GAME OF CHICKEN IN THE WORKS? - THE KOREA TIMES
Global shipping companies have been placing orders for large ships, with many anticipating further increased competition within the next three year ...
Friday, 21 May 21
MARKET INSIGHT - INTERMODAL
The dry bulk market’s counter seasonal surge so far into the first half of the year -in a sort of 2010 manner - and Capesize’s recent r ...
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- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Economic Council, Georgia
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- Asmin Koalindo Tuhup - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Independent Power Producers Association of India
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- Australian Coal Association
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- Planning Commission, India
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- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
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- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
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- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
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- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
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- Merrill Lynch Commodities Europe
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- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
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- Indian Oil Corporation Limited
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- Metalloyd Limited - United Kingdom
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- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
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- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
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- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
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- PTC India Limited - India
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
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- Mjunction Services Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
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- Parliament of New Zealand
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- Electricity Authority, New Zealand
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- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- The University of Queensland
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- The Treasury - Australian Government
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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