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.
|
|
Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.
The ...
Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023
Oil prices came under some pressure yesterday with ICE Brent settling a litt ...
Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...
Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...
|
|
|
Showing 86 to 90 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- The University of Queensland
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
|
| |
| |
|
