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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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Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...
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- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
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