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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, 06 May 20
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IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
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- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- White Energy Company Limited
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
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