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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, 30 December 14
INDIA INC TO BENEFIT AS IMPORTED COAL PRICES SET TO FALL - RAHUL PRITHIANI
The Hindu: India‘s coal import volumes are set to rise by over 30 per cent over the next two years to 214 million tonnes in 2015-16, as domes ...
Tuesday, 30 December 14
U.S WEEKLY COAL PRODUCTION ALMOST FLAT AT -0.2%
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.8 million short tons (mmst) of coal ...
Monday, 29 December 14
CHINESE COAL IMPORTS: REGULATORY RISKS? - CLARKSONS
In recent years, Chinese seaborne coal imports have surged, registering average growth of 67% p.a. between 2009 and 2013 to total 265mt. However, t ...
Monday, 29 December 14
BULK MARKET ENDS YEAR ON SOUR NOTE, SHIPBROKER SEES 'BUMPY ROAD AHEAD' - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2014 was supposed to be the year that the dry bulk market would stage a comeback and a sustainable one for that matter. However, while for the most ...
Monday, 29 December 14
Q1'15 CFR SOUTH CHINA COAL SWAP CLOSED AT $59.42
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.51 (-5.58%) month over month and US$ 0.08 (-0.13%) ...
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- White Energy Company Limited
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- Aditya Birla Group - India
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- Edison Trading Spa - Italy
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- Directorate Of Revenue Intelligence - India
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- Indian Oil Corporation Limited
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- The Treasury - Australian Government
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- CNBM International Corporation - China
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- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Planning Commission, India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
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- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
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- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Global Business Power Corporation, Philippines
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- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
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- Indonesian Coal Mining Association
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Sical Logistics Limited - India
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- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- International Coal Ventures Pvt Ltd - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
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- Mjunction Services Limited - India
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- Salva Resources Pvt Ltd - India
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- Meralco Power Generation, Philippines
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- Mintek Dendrill Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
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