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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, 02 October 13
HOW LONG WILL THIS LATEST CAPESIZE RALLY LAST? - TASOS PAPADOPOULOS
By Tasos Papadopoulos, SnP Broker, Intermodal
The surge in iron ore trade has translated into a massive boost in daily earnings for capes; with t ...
Tuesday, 01 October 13
DRY BULK MARKET POISED FOR RETREAT ON CHINA HOLIDAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The start of a national weeklong in China as of Tuesday is expected to put a lid in the latest rally of the dry bulk freight market, as has always b ...
Monday, 30 September 13
NEWCASTLE'S COAL EXPORT VOLUME CONTINUES TO SLIP
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 8.38 per cent week on week to 2.67 million mt fo ...
Monday, 30 September 13
PANAMAX CHARTER RATES TOUCHING US$ 18K FOR A TRIP TO NOPAC - CAPT. REDDY
COALspot.com : The freight market continued to remain firm, BDI and the Panamax index up week ended 27 September 2013.
The cape index was fell to ...
Sunday, 29 September 13
API 8 CFR SOUTH CHINA COAL Q3 2014 DELIVERY SWAP GAINED $1.19 M-O-M
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
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- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
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- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
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- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
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- Kumho Petrochemical, South Korea
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- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
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- Indonesian Coal Mining Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
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- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
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- Deloitte Consulting - India
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- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
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- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
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- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Australian Coal Association
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
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- Riau Bara Harum - Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
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- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
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- ASAPP Information Group - India
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- SMC Global Power, Philippines
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- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
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- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
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- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Central Electricity Authority - India
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- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
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- Indian Oil Corporation Limited
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- Bhushan Steel Limited - India
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- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
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- Timah Investasi Mineral - Indoneisa
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- Tamil Nadu electricity Board
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- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- ICICI Bank Limited - India
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- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
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- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
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- Binh Thuan Hamico - Vietnam
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- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
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