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.
|
|
Thursday, 30 April 15
IRON ORE EXPORTS: A DANGEROUS RACE? - CLARKSONS
The surge in iron ore exports in recent years has resulted in a significant decrease in iron ore spot prices, which dipped to a ten year low of bel ...
Thursday, 30 April 15
IRON ORE PLAYS EXPECTED TO SHAPE UP MAY DRY BULK SCHEDULE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Market plays in the iron ore commodities’ markets, are expected to carve out the future demand for the shipping industry as well, said Allied ...
Wednesday, 29 April 15
MARKET INSIGHT - INTERMODAL
The figures of China’s slowing down imports of coking coal for the first quarter of the year are coming to confirm what everybody was expecti ...
Wednesday, 29 April 15
SHIPBUILDERS START OFFERING DISCOUNTS FOR DRY BULK NEWBUILDINGS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It took a while, but now it appears that some shipbuilders are beginning to adjust their price lists to the new grim reality of the dry bulk market ...
Tuesday, 28 April 15
FOB INDONESIA COAL SWAP DECLINED M-O-M; INCREASED W-O-W
COALspot.com: Indonesian coal swap for delivery Q2 2015 gained week over week but declined month on month.
The Q2 swap was declined US$ 0.15 ( ...
|
|
|
Showing 3046 to 3050 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
|
| |
| |
|
