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 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- The University of Queensland
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
|
| |
| |
|
