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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, 07 March 14
INDONESIA TO PRODUCE 421 MMT OF COAL IN 2014
Coalspot.com: Indonesia finally agreed to increased 2014 coal output by as much as 6 percent to 421 million metric tons from its previous plan, a se ...
Friday, 07 March 14
US PRODUCED 19.4 MMST OF COAL IN PAST 7 DAYS, SAYS EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.4 million short tons (mmst) of coal in ...
Thursday, 06 March 14
PANAMAX MARKET IS STRUGGLING IN BOTH HEMISPHERES - FEARNRESEARCH
Handy
The Handy/Supra market experienced a rate increase in the Pacific. The activity itself is not too big, but spot tonnage is clearing up and ow ...
Wednesday, 05 March 14
THE BIG BULKERS HAVE IN FACT WITNESSED SIGNIFICANT IMPROVEMENTS IN BOTH BASINS
The BDI continues to gain back some of the lost ground, although in reality there isn't a lot to celebrate abou ...
Wednesday, 05 March 14
LEAVE IT TO CAPES TO CHANGE THE DIRECTION OF THE DRY BULK MARKET - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable+)
Leave it to Capes to change the direction of the Dry Bulk market. The big bulkers managed to drag the BDI ...
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- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
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