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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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Monday, 09 October 17
INDONESIAN COAL PRICE REFERENCE HITS NEW HIGH FOR 2017
COALspot.com: Indonesian coal benchmark price surges 2.13% in October month over month, the latest ministerial decree showed.
The benchmark pr ...
Monday, 09 October 17
INDIA'S COAL IMPORTS UP 10% IN SEPT AS POWER PLANTS FACE FUEL SHORTAGE - PTI
Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, ...
Friday, 06 October 17
U.S. WEEKLY COAL OUTPUT HAS REBOUNDED AFTER DECLINING 5 WEEKS IN A ROW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
Wednesday, 04 October 17
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
During the past couple of months the dry bulk market has displayed particularly strong momentum and we have been witnessing steady appetite and act ...
Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
A report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 1 ...
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Showing 1921 to 1925 news of total 6871 |
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- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
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- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
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- Sical Logistics Limited - India
- The University of Queensland
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- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
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- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
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- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
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- Attock Cement Pakistan Limited
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- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Planning Commission, India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
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- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
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- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Aditya Birla Group - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
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- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
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- Meralco Power Generation, Philippines
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- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
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