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, 09 November 15
CFR SOUTH CHINA THERMAL COAL SWAP FOR Q3' 16 CONTRACT DECLINED US$ 4 PER TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 4.35 (9.03 %) per ton month over month.
A commodity swa ...
Monday, 09 November 15
INDIAN THERMAL COAL IMPORTS SURGED 18%; COKING COAL 6.31% DURING APRIL-OCTOBER: BUSINESS-STANDARD
Indian thermal coal imports surged 18% at the country's top 12 major ports to 55.90 million tonnes (MT) in the first seven months of the curren ...
Sunday, 08 November 15
THE FREIGHT MARKET KEEP DROPPING THIS WEEK - VISTAAR
COALspot.com: The freight market keep dropping this week.
The BDI down 12.48 percent week on week and closed at 631 points on 6 November 2015. ...
Sunday, 08 November 15
CAPESIZE FREIGHT RATES IN AUSTRALIA-CHINA ROUTES OVER 50% CHEAPER THAN BRAZIL-CHINA ROUTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s mining and steel industries are facing tectonic shifts over the past couple of years, with the country’s limiting of coal use, ...
Friday, 06 November 15
COAL PRODUCTION IN THE U.S. FELL SHARPLY FOR THE WEEK ENDING OCTOBER 31
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...
|
|
|
Showing 2726 to 2730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- PTC India Limited - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- The University of Queensland
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
|
| |
| |
|
