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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, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
Thursday, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
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- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Planning Commission, India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
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