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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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Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
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- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
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