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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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Tuesday, 01 September 15
FOB INDONESIA COAL SWAPS FURTHER SLIDE TO US$ 40.62 PMT; DECLINE 5.34 PERCENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and slightly dropped week over week.
The 4Q swap was declined ...
Tuesday, 01 September 15
FOB RICHARDS BAY COAL SWAPS STILL SLIDING; Q2'16 DELIVERY LOST AROUND 6 PERCENT M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 gain week over week but declined month over month.
The 4Q swap was dow ...
Monday, 31 August 15
API 5 FOB NEWCASTLE COAL SWAP GAINS WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.85 per MT (-4.23%) month over month to US$ 41.87 per mt. The swap ...
Monday, 31 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP ENDS DOWN MORE THAN 4 PERCENT MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.91 (3.78%) per MT month over month.
A commodity ...
Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...
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- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- White Energy Company Limited
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
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