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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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Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
Wednesday, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
Is the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the mar ...
Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in K ...
Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize
A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week ...
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- Indogreen Group - Indonesia
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- The University of Queensland
- ASAPP Information Group - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
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