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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)
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Tuesday, 08 December 20
MARKET ANALYSIS - ALLIED SHIPPING
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Tuesday, 08 December 20
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Friday, 04 December 20
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China’s benchmark power coal price rose slightly during the past week.
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Friday, 04 December 20
THE INDONESIA COAL PRICE REFERENCE REACHES THREE MONTH HIGH ON IMPROVING DEMAND OUTLOOK
COALspot.com: The Indonesia Coal Price Reference reaches three month high on improving demand outlook . The Indonesia Coal Price Reference rose by& ...
Wednesday, 02 December 20
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- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Planning Commission, India
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
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