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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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Friday, 10 April 20
INDIA'S BULKS SUPPLY CHAIN TAKES A HIT DURING LOCKDOWN - WOOD MACKENZIE
India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is ...
Thursday, 09 April 20
SUSPENSION OF WRONGFUL TRADING IN LIGHT OF COVID 19 - WF&W
KNOWLEDGE TO ELEVATE
DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS
As the UK&rsquo ...
Wednesday, 08 April 20
LESSONS LEARNED FROM SCRUBBER INSTALLATION AND OPERATION - ABS
KNOWLEDGE TO ELEVATE
At the beginning of this year, the IMO’s global sulfur cap on marine fuels entered into force and shipowners who ch ...
Wednesday, 08 April 20
MARKET INSIGHT - INTERMODAL
With lockdown measures around the globe tightening during the last weeks of Q1, there is finally a feeling that most countries are slowly but stead ...
Tuesday, 07 April 20
SHIPPING MARKET ANALYSIS - ALLIED
With the first quarter of 2020 now firmly written in the books, it is worth examining what we have witnessed so far in the tanker market. Undoubted ...
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Showing 1021 to 1025 news of total 6871 |
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- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
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