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Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.38 lower than December 2011 price. The December HBA was sets at US$ 112.67 per mt.
January's HBA is the lowest since January 2011 and 2.99 percent lower than December HBA. January HBA has fallen for the third consecutive month to US$109.29/t, from US$119.24/t in October 2011.
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 (arb) 0.80%, Ash Content (arb) 15.00% and delivery free on Board (FOB) Vessel supply between 1 – 31 January 2012.
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 refer past HBA / HPB, click here
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Friday, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...
Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export co ...
Thursday, 26 January 12
DRY BULK MARKETS DOWNFALL KNOWS NO LIMITS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s demise seems to have no visible end, as China’s Lunar Year Holidays continue this week, thus leaving demand with n ...
Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other p ...
Tuesday, 24 January 12
ANOTHER SEVERE DROP IN THE CAPESIZE - BRS
The lunar year celebrations and the high number of new building deliveries (more than 35 Capes so far in January as owners push 2011 deliveries into ...
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- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
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