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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, 13 November 19
INDONESIAN NOVEMBER COAL PRICE REFERENCE LOGS FIRST GAIN SINCE AUGUST
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Wednesday, 13 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
The improvements seen in the dry bulk market during the unexpectedly strong Q3 brought enthusiasm and optimism for a last quarter rally. Indeed as ...
Tuesday, 12 November 19
COAL IMPORTS AT MAJOR PORTS SLIP 18 PC TO 51 MT IN APRIL-OCTOBER - ECONOMIC TIMES
The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report, said "percentage variation fro ...
Monday, 11 November 19
EMINENT MARITIME ORGANIZATIONS AND INDIVIDUALS WERE HONORED
SHIPTEK 2019 Anchors in Greece for its 12th edition.
Eminent Maritime Organizations and Individuals were honored
Greec ...
Wednesday, 06 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
With less than two months before the end of the year, the shipping and refining industries have already taken measures and invested to accommodate ...
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- Central Electricity Authority - India
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- Directorate General of MIneral and Coal - Indonesia
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- Indian Oil Corporation Limited
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- Gujarat Sidhee Cement - India
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- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
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- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
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- Banpu Public Company Limited - Thailand
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- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
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- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
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- Siam City Cement - Thailand
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
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- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
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- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
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- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
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- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
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- Independent Power Producers Association of India
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- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
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- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- The University of Queensland
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
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