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.
|
|
Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
|
|
|
Showing 6271 to 6275 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Minerals Council of Australia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Economic Council, Georgia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- White Energy Company Limited
- The University of Queensland
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
|
| |
| |
|
