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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, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
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- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- White Energy Company Limited
- Economic Council, Georgia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Planning Commission, India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
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