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, 16 April 20
CHINA'S BENCHMARK POWER COAL PRICE FALLS 5 YUAN PER TONNE - XINHUA
China’s benchmark power coal price fell by 5 yuan (about 70 U.S. cents) per tonne during the past week.
The Bohai-Rim Steam-Co ...
Thursday, 16 April 20
MARKET INSIGHT - INTERMODAL
As everyone anticipated the results of the OPEC + G20 meeting last week, it was very interesting to watch the reaction of tanker rates that were in ...
Monday, 13 April 20
SUPRAMAX: A 56,000DWT SHIP WAS FIXED DELIVERY PARADIP, REDELIVERY CHINA, AT $4,700 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Saturday, 11 April 20
FAQ: COVID-19 AND CLUB COVER - UK P&I
KNOWLEDGE TO ELEVATE
The Coronavirus (COVID-19) pandemic has generated a significant number of enquiries and questions from Members in recent ...
Saturday, 11 April 20
KOEN POWER PLANTS INVITED BIDS FOR 1.5 -1.62 MMT OF STEAM COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,500,000-1,620,000 Metric Tons (M ...
|
|
|
Showing 1016 to 1020 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
|
| |
| |
|