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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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Wednesday, 13 January 16
U.S. COAL PRODUCTION DECLINED BY 109 MMST IN 2015; COAL EXPORTS DECREASED 21% Y-O-Y
COALspot.com: U.S. coal production declined by 109 million short tons (MMst) (11%) in 2015, the largest decline ever recorded, says EIA.
The 2 ...
Wednesday, 13 January 16
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Going through the second week of 2016 we could easily argue that at this point there are no visible signs of an imminent recovery in the Dry Bulk m ...
Wednesday, 13 January 16
IRON ORE IMPASSE - A FAILED CLAIM FOR CONVERSION - CLYDE & CO
KNOWLEDGE TO ELEVATE
In the recent case of the “Bao Yue”, the English High Court found that the bill of lading holder was liable t ...
Tuesday, 12 January 16
5700 GAR COAL FOR DELIVERY WITHIN Q1 FELL 0.91% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin moved South direction week over week to averaging $39.96 per ton on last Friday, acc ...
Monday, 11 January 16
PORT OF NEWCASTLE SHIPPED 20% MORE COAL IN DECEMBER 2015; AVERAGE SELLING PRICE DECLINE 3.43%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $1.129 billio ...
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Showing 2611 to 2615 news of total 6871 |
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- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
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