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Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at US$ 116.65 per ton, which is 2.17percent lesser than October 2011 price.
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 November HBA is 22.13 percent higher compared to the same month in 2010.
Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX) and the New Castle Global Coal Index (GC) 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 0.8%, Ash Content 15.00% and delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery between 1 - 30 November 2011.
Any deliver of cargo after 30 November, must be used the particular month's HPB unless the deliveries fall under term contract.
The November HBA is a marginal drop of US$ 2.59 per ton or down 2.17 percent compared with October 2011 Coal reference price. Government has taken around 10 days to release this month HBA.
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 53coal 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 has been established to fulfill the requirement of mining law 04/2009 and the ministerial decree no.17/2010 and also aims to increase government revenue from royalties from coal producers.
Click here for complete details of Indonesian coal reference prices since January 2009.(cs)
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Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...
Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...
Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...
Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...
Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...
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- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Planning Commission, India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
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