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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, 28 August 18
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Tuesday, 28 August 18
SUPRAMAX: A COAL TRIP VIA INDONESIA PAID $13,500 ON A 56,000DWT TO WC INDIA - BALTIC BRIEFING
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Friday, 24 August 18
KOREAN RESTRICTIONS ON COAL SULPHUR IMPACTING HUNTER EXPORTS - THE HERALD
WARNINGS that Korean restrictions on sulphur levels in coal could hurt the Hunter industry appear to have been accurate, according to a report in t ...
Thursday, 23 August 18
RUSSIA'S MECHEL PRODUCED 9.69 MMT OF RUN-OF-MINE COAL IN 1H'2018
Mechel PAO, one of the leading Russian mining and metals companies, announces 1H2018 operational results.
Mechel PAO’s Chief E ...
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- Bhatia International Limited - India
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- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
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- Directorate Of Revenue Intelligence - India
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- Meralco Power Generation, Philippines
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- Georgia Ports Authority, United States
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- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
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- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
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- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
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- Indogreen Group - Indonesia
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- Ministry of Mines - Canada
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- Planning Commission, India
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- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
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- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
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- White Energy Company Limited
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- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
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- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
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- Mintek Dendrill Indonesia
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- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
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- Miang Besar Coal Terminal - Indonesia
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- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Economic Council, Georgia
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- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
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- Australian Coal Association
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- Coalindo Energy - Indonesia
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- IHS Mccloskey Coal Group - USA
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- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
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- Siam City Cement PLC, Thailand
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- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
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- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
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