We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
 COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference price for coal sales in March 2013 gained 1.97 percent compared to last month. The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price for March 2013 at US$ 90.09 per ton, US$ 1.74 higher than February 2013 bench mark Price.
HBA is on a rising trend since November 2012. The government of Indonesia had expected the Indonesia coal reference price (HBA) to reach over US$100 per ton this year. If HBA continues its journey on this trend, then, it will reach government prediction within the end 2nd quarter 2013.
This coal benchmark price was calculated based on calorific value of 6,322 kcal/kg (GAR), stated to be using formula based on the February 2013 index average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25%.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8% (arb), Ash Content 15 % (arb) and delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery between 1 – 31 March 2013.
The government of Indonesia has been publishing a monthly coal reference price (HBA & HPB) since January 2009 to be used by coal producers for all spot and term contracts. However, the full implementation of HBA has started only since September 2011.
The March 2013 HBA is 20.18 percent or $ 22.78 lower Y-o-Y basis.
The price was only valid for the spot price (loading on or before 31 March 2013), while as for term price (up to 12 months supplies), the average reference price (HPB) of the previous three months will be used to determine the selling price. (50% of the latest available month HPB, 30% of one month prior HPB and 20% of two-month prior HPB).
Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are acted as the benchmark and used to calculate other 62 coal types with a quality similar to the coal price markers.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
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. According to industry, all existing coal supply agreements with Indonesian coal mining companies have been revised to comply with new coal pricing regulation, which was fully implemented on 23 September 2011.
Click here for complete Indonesian coal reference prices since January 2009.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 28 February 13
SHIP OWNERS EXPECTED TO FACE A CHALLENGING YEAR, DESPITE THE FALL OF NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Tonnage oversupply and a lagging growth in world trade demand are expected to keep shipping in the "red", despite a series of measures ado ...
Thursday, 28 February 13
PANAMAX : MARKET HAS SEEN A GOOD UPTURN OVER THE LAST WEEK - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The ...
Wednesday, 27 February 13
NEWCASTLE PORT IN AUSTRALIA SHIPPED 0.358 MILLION MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,178,869 MT of thermal and coking coal for week ended 0700 hours 25 February 2013, Newc ...
Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT
NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a ...
Tuesday, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China.
It will make you understand regulatory asp ...
|
|
|
Showing 4366 to 4370 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- White Energy Company Limited
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- PTC India Limited - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
|
| |
| |
|
