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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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Friday, 15 April 16
U.S WEEKLY COAL OUTPUT FALLS ACROSS ALL BASINS - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.2 million short tons (mm ...
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...
Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...
Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mine ...
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- Wood Mackenzie - Singapore
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- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
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- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
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- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- VISA Power Limited - India
- CNBM International Corporation - China
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- IHS Mccloskey Coal Group - USA
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- Larsen & Toubro Limited - India
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- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- MS Steel International - UAE
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
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- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
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- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
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- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
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- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
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- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
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- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
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- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
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- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
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- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
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- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
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- Standard Chartered Bank - UAE
- White Energy Company Limited
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
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- Merrill Lynch Commodities Europe
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