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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, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
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- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
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- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
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- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
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- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
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- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
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- Baramulti Group, Indonesia
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- Medco Energi Mining Internasional
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- Planning Commission, India
- Port Waratah Coal Services - Australia
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- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
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- Videocon Industries ltd - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
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- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- SN Aboitiz Power Inc, Philippines
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- The University of Queensland
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- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
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- India Bulls Power Limited - India
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- Independent Power Producers Association of India
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- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
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- AsiaOL BioFuels Corp., Philippines
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- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- ASAPP Information Group - India
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- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
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- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
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- New Zealand Coal & Carbon
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- McConnell Dowell - Australia
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