We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE
 COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1.42 per ton in May 2011.
This coal benchmark was calcualted coal with calorie of 6,322kcal/kg (GAR), stated to be using formula based on the May 2011 index average of ICI-1 (Indonesia Coal Index), Platts-1, NEX (Newcastle Export Index), and GC (globalCoal Index).
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 - 30 June 2011.
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 June HBA was 22.43 percent higher Y-o-Y.
The price is only valid for spot price, while as for term price, the benchmark is using the average of recent 3 months benchmark prices and valid for coal contract at least 12 months.
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 54 coal types with a quality similar to the coal price markers.
For sales in barge, the reference price is reduced by barging and transshipment 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. According to industry, all existing coal supply agreements with Indonesian coal mining companies will have to be revised to comply with new coal pricing regulations before September 23, 2011.
As a result of the Indonesian new pricing formula, price of Indonesian coal will go up by $30 a tonne and lead to a INR 0.70 (Approx. US$ 0.015) per unit increase in cost of electricity generation, as quoted by an Indian paper.
Indonesian coal prices are also gaining on a shortage of coal in China to meet summer demand, said a coal trader from Kalimantan. Chinese local media reported that, Beijing may cut the 17 percent value-added tax and port charges on imported coal to encourage more overseas purchases. China is now facing its worst summer power shortage in seven years, as quoted by Chinese as well as International medias.
Indian high energy demand also has influenced the coal prices in recent weeks says another coal trader from Jakarta.
Click here for complete details of Indonesian coal reference prices since Feb 2010.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
|
|
|
Showing 5106 to 5110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Australian Coal Association
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
|
| |
| |
|
