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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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Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- The University of Queensland
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
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