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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, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
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- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- The University of Queensland
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- Planning Commission, India
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
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