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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, 13 November 18
INDIA: POWER DEMAND UP; COAL STOCKS AT MINES AT A 5-YEAR LOW - FINANCIAL EXPRESS
Stocks at Coal India mines plunged to a five-year low of 21 million tonne (mt) in October, as a sudden surge in demand for the fuel from the power ...
Monday, 12 November 18
COAL BUSINESS REMAINS PROSPECTIVE - ANTARA
Coal business happened to be sluggish in the 2012-2015 period because coal prices in the world market fell sharply, but it has begun to crawl up si ...
Monday, 12 November 18
INDONESIA'S HBA ENDS DECLINE IN NOVEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 07 November 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
This has been another active week in the second-hand market for both the dry bulk and tanker sectors. Buying interest has recently increased, which ...
Monday, 05 November 18
TIGHTER FUEL RULES COULD RAISE SHIPOWNERS' COSTS AND CAPEX - FITCH RATINGS
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies’ operating costs and capex n ...
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- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
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- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- White Energy Company Limited
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
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