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Monday, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 or 3.4% percent lower than November 2011 price.The November's HBA was at US$ 116.65 per mt.
The Indonesian coal reference price, also known as the HBA, for December has fallen for the second consecutive month to US$112.67 /t, from US$119.24/t in October.
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.
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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 – 31 December 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 maximum of 12 months.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
To see the histry of HBA, click here
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Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- VISA Power Limited - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
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