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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, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
Monday, 28 November 11
CITING CONTRACTS, MINING FIRMS ARE NOT PAYING ROYALTIES UNDER LAW - THE JAKARTA POST
The Jakarta Post reported that, when the 2009 Law on Minerals and Coal was endorsed, hopes that Indonesia could maximize its revenue from the minera ...
Monday, 28 November 11
NEW ENVIRONMENTAL MARINE REGULATIONS TO IMPACT SHIPPING IN 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
August of next year will see some major changes for marine navigation. It’s when the North American ECA will come into force, introducing a 1% ...
Sunday, 27 November 11
INDIA'S KPCL TO IMPORT 50 MMT OF COAL FOR 10 YEARS
COALspot.com - Karnataka Power Corporation Limited (KPCL) will buy 5 million metric tonnes of coal annually for 10 years starting from 2015.
In a ...
Saturday, 26 November 11
INDIAN PORTS ARE BECOME COAL STOCKPILES..!!
COALspot.com - The Indian coal stocks and power tariff situation is the hot topic among the world coal producers as well as Indian coal importers.&n ...
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- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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