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, 05 October 15
Q1 & Q2 2016 DELIVERY SWAPS DECLINED M-M AND W-W THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $0.36 per ton (0.85%) month over month to US$ 42.12 per ton. The ...
Monday, 05 October 15
Q1' 16 CFR SOUTH CHINA COAL SWAP CLOSED US$ 48.05 PER TON
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down US$ 0.47 (0.96 %) per ton month over month.
A commodity swap is ...
Monday, 05 October 15
SMALL DECLINE IN 2014 SHIP OPERATING COSTS - MOORE STEPHENS
Total annual operating costs in the shipping industry fell by an average of 0.8% in 2014. This compares with the 0.3% average fall in costs recorde ...
Sunday, 04 October 15
THE INDO-INDIA FREIGHT MARKET REMAINS UNDER PRESSURE
COALspot.com: The BDI closed on Friday (2 Oct 2015) at 889 points, down by 54 points compared to previous Friday's closing ( 24 Sept 2015) of 9 ...
Friday, 02 October 15
COAL PRODUCTION IN THE UNITED STATES DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...
|
|
|
Showing 2786 to 2790 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Minerals Council of Australia
- GMR Energy Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
|
| |
| |
|
