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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, 10 February 18
OIL PRICE USD 100/BARREL BY END OF 2018! - SAROJ MOHAPATRA
All demand supplies calculations are going wrong in oil market at present. US production is increasing at a good pace and set to topple Saudi comfo ...
Friday, 09 February 18
COAL BUYERS SPOOKED BY INDONESIA'S NEW SHIPPING RULES - ASSOC
Buyers of Indonesian coal are holding back orders of the fuel after the government issued new shipping rules for coal and crude palm oil that would ...
Thursday, 08 February 18
ENHANCED PRODUCTION BY COAL INDIA LIMITED HELPS DECLINE IN COAL IMPORTS - UNION MINISTER OF RAILWAYS AND COAL
According to press release from PIB, as per the current import policy, coal is kept under Open General License (OGL) and consumers are free to impo ...
Thursday, 08 February 18
A NEW WEEK WITH A SOFT SENTIMENT AND DECREASING RATES IN BOTH HEMISPHERE FOR THE PANAMAXES, SAYS FEARNLEYS
Supramax
USG dropping remarkably due to lack of fresh enquiry both for fhaul and bhaul, Supras were fixed from USG to Spore-Japan range now aroun ...
Wednesday, 07 February 18
INDONESIAN COAL PRICE REFERENCE RISES TO HIT THIRTEEN-MONTH HIGH OF $100.69 A TON
COALspot.com: The Indonesian Coal Price Reference (HBA) rose 5.39 per cent in February 2018, the latest ministerial decree showed.
The benchma ...
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Showing 1811 to 1815 news of total 6871 |
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- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Wilmar Investment Holdings
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
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