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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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Monday, 13 July 15
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- Global Green Power PLC Corporation, Philippines
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- International Coal Ventures Pvt Ltd - India
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- Essar Steel Hazira Ltd - India
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- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
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- CNBM International Corporation - China
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- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
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- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
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- London Commodity Brokers - England
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- Jindal Steel & Power Ltd - India
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- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
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- Indian Energy Exchange, India
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- Renaissance Capital - South Africa
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- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
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- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
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- GMR Energy Limited - India
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- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
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- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
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- White Energy Company Limited
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- Gujarat Electricity Regulatory Commission - India
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- Commonwealth Bank - Australia
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- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
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- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
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- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
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- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
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