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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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Friday, 22 November 19
FORTY PERCENT OF ADARO'S COAL SALES VOLUME IN 9M19 GOES TO THE SOUTHEAST ASIA REGION
PT Adaro Energy Tbk released its consolidated financial statements yesterday, for the nine month period, ending September 30, 2019.
...
Friday, 22 November 19
UNCERTAINTY IN THERMAL COAL MARKET PERSISTED IN 3Q19 - ADARO
Uncertainty in thermal coal market persisted in 3Q19, mainly due to the actions, or inactions, of China in setting policies for global coal market. ...
Friday, 22 November 19
CIL TO DEVELOP 55 NEW COAL MINES IN NEXT 5 YEARS: COAL MINISTER
State-owned CIL will develop 55 new coal mines and expand 193 existing ones in the next five years, Parliament was informed. The company is also un ...
Thursday, 21 November 19
4TH DEEP OFFSHORE WEST AFRICA CONGRESS 2020
4th Deep Offshore West Africa Congress 2020
17 Janaury 2020
Accra, Ghana
Press Release: Following the great succ ...
Thursday, 21 November 19
INDONESIA PLANS TO KEEP $70/T COAL PRICE CAP FOR PLN, DMO - REUTERS
Indonesia’s energy minister Arifin Tasrif said his ministry plans to maintain a price cap on coal being sold to state electricity utility, PT ...
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- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
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- Petron Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
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- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
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- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- The University of Queensland
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- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
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- Georgia Ports Authority, United States
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- Indian Oil Corporation Limited
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- Parliament of New Zealand
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- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
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- Economic Council, Georgia
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- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
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- London Commodity Brokers - England
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- Coalindo Energy - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
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- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
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- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
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- Mintek Dendrill Indonesia
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- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
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- Karbindo Abesyapradhi - Indoneisa
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- Chamber of Mines of South Africa
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
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- Miang Besar Coal Terminal - Indonesia
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