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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, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
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- Star Paper Mills Limited - India
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- SMC Global Power, Philippines
- Economic Council, Georgia
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- Indian Oil Corporation Limited
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- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
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- Mjunction Services Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
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- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
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- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
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- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Australian Coal Association
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- Planning Commission, India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- The University of Queensland
- Marubeni Corporation - India
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- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Minerals Council of Australia
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- Bhoruka Overseas - Indonesia
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- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
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- International Coal Ventures Pvt Ltd - India
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- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
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- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
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- Indika Energy - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
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- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
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- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
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