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.
|
|
Tuesday, 01 November 16
IMPROVEMENT ON THE DEMAND SIDE ONLY BUT THE SUPPLY SIDE IS WORSE OFF - BIMCO
Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the ...
Monday, 31 October 16
INDONESIAN 5000 GAR COAL ROSE 5.56% WEEK OVER WEEK - CS COAL INDEX
COALspot.com: The price for thermal coal has recovered substantially since April 2016. The China’s new policy on its domestic coal miners, th ...
Friday, 28 October 16
STEAM COAL IMPORTS: CHINA AND INDIA'S ROLE REVERSALS - BEN TRIMMEL
While a sharp decline in European imports is a key driver of the expected fall in steam coal trade this year, China and India remain leading actors ...
Friday, 28 October 16
U.S. WEEKLY COAL OUTPUT ROSE DURING THE WEEK ENDING OCTOBER 22 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 27 October 16
73.08 PERCENT OF COAL PRODUCERS PREDICTED INDIA WILL NOT STOP COAL IMPORTS IN 2 TO 3 YEARS - POLL
COALspot released its weekly opinion poll "How likely do you think India will STOP thermal coal imports in 2-3 years?" this Monday.
...
|
|
|
Showing 2236 to 2240 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Australian Coal Association
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- The University of Queensland
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
|
| |
| |
|
