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Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly lower than August or 0.81 percent lesser than August 2011 price.
The Indonesian coal reference price, also known as the HBA, for August has fallen for the fourth consecutive month to US$116.26 /t, from US$117.21/t in August.
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 – 30 September 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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Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...
Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...
Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...
Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct pushing the BDI by almost 6 pct and closing at 1,920 point ...
Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...
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- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Planning Commission, India
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
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