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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, 30 November 12
IS INDONESIAN COAL INDUSTRY DEPENDS HEAVILY ON INDIA AND CHINA?
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 35,143,587* tons of coal in October 2012. October exports are 19 ...
Thursday, 29 November 12
BUMI TO PRODUCE 100 MILLION TONS OF COAL BY 2014
COALspot.com - Expansions on both BUMI’ s subsidiaries, PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia ( Arutmin) , are ...
Thursday, 29 November 12
PANAMAX : A FAIRLY STEADY MARKET WITH USD 8.5-9K/DAY FOR 2 LADEN LEGS IN ATLANTIC - FEARNLEYS
Handy
The Atlantic market continues to remain quiet due to more supply of ships. Rates from USG to Far East were around USD 18k and Black Sea to Fa ...
Thursday, 29 November 12
DRY BULK MARKET SLIGHTLY HIGHER DESPITE LULL ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market was marginally higher yesterday, according to the industry's benchmark, the Baltic Dry Index (BDI), which rose by 7 points to 1 ...
Wednesday, 28 November 12
NEWBUILDING ORDERING PICKS UP AS SHIP OWNERS LOOK TO CLOSE DEALS BEFORE THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are active once again in the newbuilding ordering market, as they look to clinch deals ahead of the end of the year. Once again their fo ...
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- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
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- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
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- Independent Power Producers Association of India
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- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
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- Bayan Resources Tbk. - Indonesia
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- Indian Energy Exchange, India
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- Mintek Dendrill Indonesia
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- Australian Commodity Traders Exchange
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- Central Electricity Authority - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
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- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
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- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
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- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- PTC India Limited - India
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
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- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
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