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Indonesian Coal Benchmark Price - Analysis

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Indonesia HBA Fall Below $118

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Indonesia Becomes Second Largest Coking Coal Exporter

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• Ince & co LLP

• Carbofer General Trading SA - India

• Meralco Power Generation, Philippines

• JPower - Japan

• Electricity Authority, New Zealand

• The Treasury - Australian Government

• Attock Cement Pakistan Limited

• Indian Oil Corporation Limited

• Krishnapatnam Port Company Ltd. - India

• Indo Tambangraya Megah - Indonesia

• Kohat Cement Company Ltd. - Pakistan

• India Bulls Power Limited - India

• Alfred C Toepfer International GmbH - Germany

• Ambuja Cements Ltd - India

• Mechel - Russia

• Parry Sugars Refinery, India

• Platts

• Jatenergy - Australia

• DBS Bank - Singapore

• Britmindo - Indonesia

• Pendopo Energi Batubara - Indonesia

• SMG Consultants - Indonesia

• Inspectorate - India

• The State Trading Corporation of India Ltd

• European Bulk Services B.V. - Netherlands

• Bayan Resources Tbk. - Indonesia

• IEA Clean Coal Centre - UK

• GVK Power & Infra Limited - India

• BRS Brokers - Singapore

• Cebu Energy, Philippines

• Toyota Tsusho Corporation, Japan

• UBS Singapore

• IHS Mccloskey Coal Group - USA

• Maersk Broker

• Tata Power - India

• PowerSource Philippines DevCo

• Port Waratah Coal Services - Australia

• TGV SRAAC LIMITED, India

• Maruti Cements - India

• Central Java Power - Indonesia

• BNP Paribas - Singapore

• Singapore Mercantile Exchange

• KOWEPO - South Korea

• Maybank - Singapore

• Chamber of Mines of South Africa

• Filglen & Citicon Mining (HK) Ltd - Hong Kong

• Glencore India Pvt. Ltd

• Merrill Lynch Bank

• TANGEDCO India

• OPG Power Generation Pvt Ltd - India

• Directorate Of Revenue Intelligence - India

• Indika Energy - Indonesia

• LBH Netherlands Bv - Netherlands

• GN Power Mariveles Coal Plant, Philippines

• Total Coal South Africa

• Rio Tinto Coal - Australia

• Kobe Steel Ltd - Japan

• San Jose City I Power Corp, Philippines

• Miang Besar Coal Terminal - Indonesia

• APGENCO India

• Africa Commodities Group - South Africa

• World Coal - UK

• GMR Energy Limited - India

• Mercator Lines Limited - India

• OCBC - Singapore

• Sical Logistics Limited - India

• Mintek Dendrill Indonesia

• Siam City Cement - Thailand

• Heidelberg Cement - Germany

• Petrosea - Indonesia

• CESC Limited - India

• Eastern Coal Council - USA

• Enel Italy

• Iligan Light & Power Inc, Philippines

• Therma Luzon, Inc, Philippines

• Globalindo Alam Lestari - Indonesia

• Energy Development Corp, Philippines

• Altura Mining Limited, Indonesia

• Barasentosa Lestari - Indonesia

• Vale Mozambique

• Arutmin Indonesia

• Larsen & Toubro Limited - India

• Samtan Co., Ltd - South Korea

• GNFC Limited - India

• Lafarge - France

• Orica Mining Services - Indonesia

• TNPL - India

• Renaissance Capital - South Africa

• Mitsui

• Cigading International Bulk Terminal - Indonesia

• Malco - India

• Semirara Mining Corp, Philippines

• Surastha Cement

• Price Waterhouse Coopers - Russia

• J M Baxi & Co - India

• CCIC - Indonesia

• Kalimantan Lumbung Energi - Indonesia

• Asia Pacific Energy Resources Ventures Inc, Philippines

• Grasim Industreis Ltd - India

• Adani Power Ltd - India

• Bank of Tokyo Mitsubishi UFJ Ltd

• Samsung - South Korea

• Dr Ramakrishna Prasad Power Pvt Ltd - India

• Australian Coal Association

• Gupta Coal India Ltd

• Vitol - Bahrain

• Gujarat Electricity Regulatory Commission - India

• Binh Thuan Hamico - Vietnam

• Anglo American - United Kingdom

• SASOL - South Africa

• Borneo Indobara - Indonesia

• Kaltim Prima Coal - Indonesia

• GAC Shipping (India) Pvt Ltd

• Indian Energy Exchange, India

• Jaiprakash Power Ventures ltd

• Central Electricity Authority - India

• Agrawal Coal Company - India

• Simpson Spence & Young - Indonesia

• Bhoruka Overseas - Indonesia

• Sree Jayajothi Cements Limited - India

• Pinang Coal Indonesia

• PLN - Indonesia

• International Coal Ventures Pvt Ltd - India

• Adaro Indonesia

• ANZ Bank - Australia

• Dong Bac Coal Mineral Investment Coporation - Vietnam

• Kideco Jaya Agung - Indonesia

• TNB Fuel Sdn Bhd - Malaysia

• Geoservices-GeoAssay Lab

• Coeclerici Indonesia

• Thomson Reuters GRC

• Bangkok Bank PCL

• Thiess Contractors Indonesia

• Kumho Petrochemical, South Korea

• Kepco SPC Power Corporation, Philippines

• Salva Resources Pvt Ltd - India

• Power Finance Corporation Ltd., India

• Meenaskhi Energy Private Limited - India

• ACC Limited - India

• White Energy Company Limited

• Formosa Plastics Group - Taiwan

• Cement Manufacturers Association - India

• Bhatia International Limited - India

• SRK Consulting

• Deutsche Bank - India

• Rudhra Energy - India

• Coaltrans Conferences

• Sojitz Corporation - Japan

• Coal Orbis AG

• Argus Media - Singapore

• KPCL - India

• Straits Asia Resources Limited - Singapore

• Sucofindo - Indonesia

• Essar Steel Hazira Ltd - India

• Bukit Baiduri Energy - Indonesia

• Georgia Ports Authority, United States

• Bhushan Steel Limited - India

• PNOC Exploration Corporation - Philippines

• Global Green Power PLC Corporation, Philippines

• Barclays Capital - USA

• CNBM International Corporation - China

• Sindya Power Generating Company Private Ltd

• Coal India Limited

• ASAPP Information Group - India

• U S Energy Resources

• Cemex - Philippines

• Mitra SK Pvt Ltd - India

• Mitsubishi Corporation

• McKinsey & Co - India

• Bulk Trading Sa - Switzerland

• Ministry of Transport, Egypt

• Wood Mackenzie - Singapore

• Ind-Barath Power Infra Limited - India

• Dalmia Cement Bharat India

• Baramulti Group, Indonesia

• Karbindo Abesyapradhi - Indoneisa

• Timah Investasi Mineral - Indoneisa

• Indogreen Group - Indonesia

• Aboitiz Power Corporation - Philippines

• Makarim & Taira - Indonesia

• Freeport Indonesia

• HSBC - Hong Kong

• Karaikal Port Pvt Ltd - India

• CIMB Investment Bank - Malaysia

• Intertek Mineral Services - Indonesia

• Gujarat Mineral Development Corp Ltd - India

• The University of Queensland

• Runge Indonesia

• Savvy Resources Ltd - HongKong

• GHCL Limited - India

• Bank of China, Malaysia

• Offshore Bulk Terminal Pte Ltd, Singapore

• Siam City Cement PLC, Thailand

• Latin American Coal - Colombia

• Romanian Commodities Exchange

• Star Paper Mills Limited - India

• bp singapore

• Bukit Asam (Persero) Tbk - Indonesia

• Bharathi Cement Corporation - India

• RBS Sempra - UK

• NALCO India

• Energy Link Ltd, New Zealand

• Planning Commission, India

• Platou - Singapore

• Japan Coal Energy Center

• Vijayanagar Sugar Pvt Ltd - India

• Holcim Trading Pte Ltd - Singapore

• Maheswari Brothers Coal Limited - India

• IOL Indonesia

• Chettinad Cement Corporation Ltd - India

• Bahari Cakrawala Sebuku - Indonesia

• Billiton Holdings Pty Ltd - Australia

• MS Steel International - UAE

• Bank of America

• Goldman Sachs - Singapore

• Uttam Galva Steels Limited - India

• Global Business Power Corporation, Philippines

• PetroVietnam

• Semirara Mining and Power Corporation, Philippines

• Global Coal Blending Company Limited - Australia

• Neyveli Lignite Corporation Ltd, - India

• globalCOAL - UK

• McConnell Dowell - Australia

• Pipit Mutiara Jaya. PT, Indonesia

• Arch Coal - USA

• Thermax Limited - India

• Vizag Seaport Private Limited - India

• World Bank

• London Commodity Brokers - England

• NTPC Limited - India

• EMO - The Netherlands

• Ceylon Electricity Board - Sri Lanka

• Wilmar Investment Holdings

• The India Cements Ltd

• Coastal Gujarat Power Limited - India

• UOB Asia (HK) Ltd

• IBC Asia (S) Pte Ltd

• KPMG - USA

• Sakthi Sugars Limited - India

• Idemitsu - Japan

• Medco Energi Mining Internasional

• Noble Europe Ltd - UK

• PLN Batubara - Indonesia

• Ernst & Young Pvt. Ltd.

• Mjunction Services Limited - India

• Tata Chemicals Ltd - India

• Antam Resourcindo - Indonesia

• Infraline Energy - India

• AsiaOL BioFuels Corp., Philippines

• Xindia Steels Limited - India

• TeaM Sual Corporation - Philippines

• Bangladesh Power Developement Board

• Kapuas Tunggal Persada - Indonesia

• Tamil Nadu electricity Board

• Permata Bank - Indonesia

• CoalTek, United States

• Indorama - Singapore

• MEC Coal - Indonesia

• Eastern Energy - Thailand

• Cargill India Pvt Ltd

• Thriveni

• Kobexindo Tractors - Indoneisa

• SN Aboitiz Power Inc, Philippines

• Bukit Makmur.PT - Indonesia

• Asian Development Bank

• ICICI Bank Limited - India

• KEPCO - South Korea

• Directorate General of MIneral and Coal - Indonesia

• Gresik Semen - Indonesia

• JPMorgan - India

• Cardiff University - UK

• Asmin Koalindo Tuhup - Indonesia

• Videocon Industries ltd - India

• South Luzon Thermal Energy Corporation

• Malabar Cements Ltd - India

• Merrill Lynch Commodities Europe

• Coal and Oil Company - UAE

• Standard Chartered Bank - UAE

• Core Mineral Indonesia

• SGS (Thailand) Limited

• Commonwealth Bank - Australia

• Berau Coal - Indonesia

• PetroVietnam Power Coal Import and Supply Company

• SMC Global Power, Philippines

• Gujarat Sidhee Cement - India

• Fearnleys - India

• Riau Bara Harum - Indonesia

• WorleyParsons

• Posco Energy - South Korea

• Petron Corporation, Philippines

• Clarksons - UK

• Reliance Power - India

• Independent Power Producers Association of India

• Rashtriya Ispat Nigam Limited - India

• Shenhua Group - China

• EIA - United States

• Kartika Selabumi Mining - Indonesia

• ING Bank NV - Singapore

• Aditya Birla Group - India

• Sinarmas Energy and Mining - Indonesia

• Humpuss - Indonesia

• SUEK AG - Indonesia

• Indian School of Mines

• Petrochimia International Co. Ltd.- Taiwan

• Peabody Energy - USA

• Orica Australia Pty. Ltd.

• Mercuria Energy - Indonesia

• Asia Cement - Taiwan

• Trasteel International SA, Italy

• Russian Coal LLC

• Metalloyd Limited - United Kingdom

• Thailand Anthracite

• New Zealand Coal & Carbon

• Panama Canal Authority

• Indonesia Power. PT

• ETA - Dubai

• Shree Cement - India

• Interocean Group of Companies - India

• Economic Council, Georgia

• Vedanta Resources Plc - India

• Inco-Indonesia

• Indonesian Coal Mining Association

• Ministry of Finance - Indonesia

• PTC India Limited - India

• Maharashtra Electricity Regulatory Commission - India

• Coalindo Energy - Indonesia

• Deloitte Consulting - India

• Xstrata Coal

• Tanito Harum - Indonesia

• Oldendorff Carriers - Singapore

• Australian Commodity Traders Exchange

• Madhucon Powers Ltd - India

• Moodys - Singapore

• Marubeni Corporation - India

• Ministry of Mines - Canada

• Qatrana Cement - Jordan

• Edison Trading Spa - Italy

• Thai Mozambique Logistica

• Credit Suisse - India

• Electricity Generating Authority of Thailand

• Manunggal Multi Energi - Indonesia

• VISA Power Limited - India

• Sarangani Energy Corporation, Philippines

• IMC Shipping - Singapore

• Lanco Infratech Ltd - India

• Banpu Public Company Limited - Thailand

• Jindal Steel & Power Ltd - India

• Minerals Council of Australia

• Jorong Barutama Greston.PT - Indonesia

• TRAFIGURA, South Korea

• GB Group - China

• Truba Alam Manunggal Engineering.Tbk - Indonesia

• Leighton Contractors Pty Ltd - Australia

• Parliament of New Zealand

• Cosco