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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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Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize
The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.
...
Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.
The ...
Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...
Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...
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Showing 1586 to 1590 news of total 6871 |
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- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Australian Coal Association
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
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