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.
|
|
Monday, 29 August 16
THE 5000 GAR THERMAL COAL INDEX HAS STRENGTHENED BY 9.90% SINCE JANUARY
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing upward and it is expected to ral ...
Monday, 29 August 16
THE FREIGHT MARKET WAS STEADY AND FIRM THIS PAST WEEK; BCI ROSE 18.74%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except ...
Friday, 26 August 16
WEEKLY US COAL OUTPUT UP 0.7% W/W TO 16 MMST: EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16 million short tons ...
Thursday, 25 August 16
SUPRAMAXES ARE BEING FIXED IN REGION OF $9000
Supramax
Due to Chinese coal imports which continues to source much of the tonnage in SE Asia combined with a good flow of mineral exports ex Aus ...
Wednesday, 24 August 16
MARKET INSIGHT
Brazil and the world bid farewell on Sunday to the first Olympic Games in South America in the midst of a finale meant to be both one last bash and ...
|
|
|
Showing 2306 to 2310 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- The University of Queensland
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
|
| |
| |
|
