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.
|
|
Tuesday, 04 August 15
SHIPPING CYCLES - A CHESS GAME YOU DON'T WANT TO LOSE - CLARKSONS
Ingmar Bergman’s classic movie The Seventh Seal is about a knight who, during the Black Death, challenges Death to a chess match, in the hope ...
Monday, 03 August 15
NEWCASTLE COAL SWAPS DECLINE FURTHER THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.92 per MT (-4.22%) month over month to US$ 43.58 per mt. The swap ...
Monday, 03 August 15
CFR SOUTH CHINA COAL SWAPS SLIDE THIS WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.64 (3.14%) per MT month over month.
A commodity swap ...
Sunday, 02 August 15
CAPESIZE RATES PUSH BDI UPWARD
COALspot.com: The freight market was buoyant this week as BDI rose 4.14 pct to 1131 points. The cape index was also increased 16.50 pct 2209 points ...
Saturday, 01 August 15
DRY BULK MARKET KEEPS ITS MOMENTUM, AS OUTLOOK IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although conditions remain more than challenging, especially from an economic point of view (aka China’s stock worries), the dry bulk market ...
|
|
|
Showing 2891 to 2895 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Planning Commission, India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
|
| |
| |
|
