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Thursday, 03 September 15
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO REVISE HBA METHODOLOGY
 COALspot.com: Ministry of Energy and Mineral Resources (ESDM) in process to revise Indonesian Coal Price Reference (HBA) and expected to complete by this month. According to media reports, the government wants the Indonesian Coal Price Reference to reflect its true value of Indonesian coal.
According to local media reports, the government is in opinion that, Indonesia is a low calorific value coal producer and export, where’s the current HBA was based on high calorific value. Hence a significant revision is required particularly the basis of coal that used to calculate monthly Indonesian Coal Price Reference (HBA).
The current HBA was calculated based on calorific value of 6,322 kcal/kg (GAR), using a formula based on the average of ICI-1 (Indonesia Coal Index) 25%, Platts-5900 25%, NEX (Newcastle Export Index) 25%, and GC (globalCoal Index) 25% and its 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). It is not clear that, whether the government sill going to use the average of three international indices or it is going to revise the formula purely based on Indonesian coal.
The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT for 6322 GAR coal in August 2015. The August price reference for Indonesian coal declined just 0.03% or US cents 2 per MT month over month and lost 7.36% year to date. Indonesian thermal coal reference price or called HBA recorded the lowest level in 80 months in August or since launching of HBA by the government of Indonesia in January 2009.
The new methodology for calculating Indonesian Coal Price Reference (HBA), may push up the minimum selling price of Indonesian coal in the future.
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Tuesday, 01 September 15
FOB RICHARDS BAY COAL SWAPS STILL SLIDING; Q2'16 DELIVERY LOST AROUND 6 PERCENT M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 gain week over week but declined month over month.
The 4Q swap was dow ...
Monday, 31 August 15
API 5 FOB NEWCASTLE COAL SWAP GAINS WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.85 per MT (-4.23%) month over month to US$ 41.87 per mt. The swap ...
Monday, 31 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP ENDS DOWN MORE THAN 4 PERCENT MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.91 (3.78%) per MT month over month.
A commodity ...
Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...
Friday, 28 August 15
DRY BULK SHIP OWNER OPTIMISTIC ABOUT FUTURE PROSPECTS OF THE MARKET: NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk ship owner Golden Ocean appeared optimistic on the long term prospects of the dry bulk market, mainly thanks to an expected resolution of ...
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- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
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