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Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months. The government has sets the February 2012, HBA at US$ 111.58 Per ton for spot sales in the period from 1 - 29 February 2012.
For the term contract price, the average reference price (HBA) of the three months. 50 percent of the latest available month HPB, 30% of one month preceding HPB and 20% of two-month earlier HPB.
The February price is 2.1 percent higher than January 2012 price but 12.2 percent below February 2011 (US$ 127.05).
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. However, since September 2011, the government has fully implemented the HPB price mechanism for Indonesian coal.
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 (arb) 0.8%, Ash Content (arb)15.00% and delivery free on Board (FOB) Vessel basis spot & term contracts.
Government also declaring reference price for eight brands of Indonesian coal, which are most commonly traded in the market. The price marker is used to calculate other 53 coal types with a quality similar to the coal price markers.
The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.
Click here for complete details of Indonesian coal reference price.(cs)
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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...
Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy
The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...
Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...
Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology.
Coal fuels ...
Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Chamber of Mines of South Africa
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- White Energy Company Limited
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- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
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- Australian Coal Association
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- IHS Mccloskey Coal Group - USA
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- Semirara Mining and Power Corporation, Philippines
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- Indian Energy Exchange, India
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- Jorong Barutama Greston.PT - Indonesia
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- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
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- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
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- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Eastern Coal Council - USA
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- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
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- Tamil Nadu electricity Board
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- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
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- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
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- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
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- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Wilmar Investment Holdings
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- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
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- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- The University of Queensland
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- Cement Manufacturers Association - India
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- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Bhatia International Limited - India
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