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Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly lower than July or 0.87 percent lesser than July 2011 price.
The Indonesian coal reference price, also known as the HBA, for August has fallen for the third consecutive month to US$117.21/t, from US$118.24/t in July.
The HBA has continued to fall since June. The HBA is the minimum price used for the calculation of taxes for producers pay for all future exports and domestic coal sales. It is calculated using a basket of indices, including the price is a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index from the previous month.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.80%, Ash Content 15.00% and delivery free on Board (FOB) Vessel supply between 1 – 31 August 2011.
Eight brands of Indonesian coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers. For spot sales of 11-month or below 11-month supplies, will use coal price reference from the month of loading or B/L date.
For term contracts, the average of coal price reference for the last three months (from the month of price conclusion) is used to set coal prices for a one-year contract. Supplies are limited to a maxium of 12 months.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- White Energy Company Limited
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- PTC India Limited - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
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