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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, 05 April 17
THE AVERAGE SECOND HAND PANAMAXES AND CAPES PRICES FOR A 5-YR OLD VESSEL HAS INCREASED MORE THAN 19% AND 20% RESPECTIVELY M/M - INTERMODAL
With the help of what so far appears to be a very strong grain season together with the fact that imports from China have remained so far robust in ...
Tuesday, 04 April 17
THE IRON ORE HAS BEEN ABLE TO KEEP ITS GROWTH PATH FAIRLY WELL; THERE IS STILL ONE PART OF THE WORLD THAT IS STILL HEAVILY COMMITTED TO COAL
With the close of March having let us with a very positive after taste and having witnessed near the end of the month the Baltic Dry Index at its h ...
Monday, 03 April 17
WORLD COAL TRADE STABLE IN 2016: DEMAND SHIFTS TO SOUTH-EAST ASIA - ASSOCARBONI
ASSOCARBONI: Coal confirmed as the leading fuel for electricity generation, accounting for 40% of overall production in 2016.
World coal trade ...
Monday, 03 April 17
DRY BULK RATES CONTINUING TO FIRMING UP
COALspot.com: The Freight market was continuing to firming up. Baltic Panamax Index rose 12.81 percent week over week.
The Baltic Exchang ...
Friday, 31 March 17
U.S. COAL PRODUCTION INCREASE SLIGHTLY WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.5 million short tons ...
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- GMR Energy Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
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- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
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- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
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- Africa Commodities Group - South Africa
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
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- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
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- Ind-Barath Power Infra Limited - India
- The University of Queensland
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- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
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- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
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- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
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- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
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- Singapore Mercantile Exchange
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- Electricity Authority, New Zealand
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- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
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- Mintek Dendrill Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
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- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
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- Parliament of New Zealand
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- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
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- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
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- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
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- Economic Council, Georgia
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- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
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- Lanco Infratech Ltd - India
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- GAC Shipping (India) Pvt Ltd
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
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- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- The Treasury - Australian Government
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- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
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- Heidelberg Cement - Germany
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- SMC Global Power, Philippines
- Tamil Nadu electricity Board
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- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
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- IEA Clean Coal Centre - UK
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- Sindya Power Generating Company Private Ltd
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- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
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- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
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