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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, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...
Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...
Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry ac ...
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- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
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