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, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...
Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...
Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...
|
|
|
Showing 381 to 385 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Planning Commission, India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Australian Coal Association
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
|
| |
| |
|
