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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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Tuesday, 12 May 20
A GLOBAL ECONOMIC RESTART HAS SLOWLY BEGUN AS COUNTRIES AROUND THE WORLD GRADUALLY - ALLIED
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Tuesday, 12 May 20
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While attention has been focused on th ...
Tuesday, 12 May 20
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Monday, 11 May 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
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Monday, 11 May 20
CORONAVIRUS PUTS MORE THAN A THIRD OF SEABORNE COAL SUPPLY AT RISK - WOOD MACKENZIE
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- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
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- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
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- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
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- White Energy Company Limited
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- India Bulls Power Limited - India
- New Zealand Coal & Carbon
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- Siam City Cement PLC, Thailand
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- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- VISA Power Limited - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
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- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
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- Central Electricity Authority - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Minerals Council of Australia
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Kapuas Tunggal Persada - Indonesia
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- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
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- Bhatia International Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
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- Parliament of New Zealand
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- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
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- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
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- Thiess Contractors Indonesia
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- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
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- Orica Australia Pty. Ltd.
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- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
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- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
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- Bangladesh Power Developement Board
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Mjunction Services Limited - India
- Economic Council, Georgia
- Deloitte Consulting - India
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- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
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- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Eastern Coal Council - USA
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