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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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Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
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- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
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