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.
|
|
Wednesday, 08 June 16
THE DRY BULK MARKET KEPT MOVING SIDEWAYS LAST WEEK; SECOND HAND PURCHASES MOVING NORTH - INTERMODAL
Once again its Posidonia time and the biannual exhibition takes place during a very warm June here in Athens, as if the performance of the dry bulk ...
Tuesday, 07 June 16
CS COAL INDEX ROSE FOR SECOND STRAIGHT WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up 0.38 percent week over week to averaging $39.16 per ton this past week, shows ...
Monday, 06 June 16
BDI GAINED ON A STRONGER DEMAND FOR CAPESIZE SHIPS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week on a stronger demand for Capesize ves ...
Friday, 03 June 16
DRY BULK VESSEL DELIVERIES COULD BE LESS THAN 50 MILLION DWT IN 2016, AS OWNERS DELAY OR CANCEL NEWBUILDING ORDERS
The dry bulk market has been caught between a rock and a hard place over the course of the past couple of years, as on one hand demand has plunged, ...
Friday, 03 June 16
U.S WEEKLY COAL PRODUCTION SLIDES 1.3% - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.5 million short tons (mm ...
|
|
|
Showing 2406 to 2410 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- PTC India Limited - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
|
| |
| |
|
