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Thursday, 03 November 22
EUROPEAN GAS SUPPLY SURPLUS, NOVEMBER HBA DOWN TO US$ 308.2 PER TON - ESDM
 European gas supply conditions have a major influence in determining fluctuations in the Reference Coal Price (HBA). The November 2022 HBA recorded a decline of USD22.77 per ton or 7.39% compared to the October HBA to USD 308.2 per tonne says Ministry of Energy and Mineral Resources Republic of Indonesia in a press release.
"The increase in gas supply in Europe has made gas prices decrease, and the weak gas price has an impact on coal prices which also decline," said Head of the Communications, Public Information Services and Cooperation Bureau (KLIK) of the Ministry of Energy and Mineral Resources Agung Pribadi in Jakarta, Thursday (3/11).
Another factor that contributed to the decline in HBA was China's coal production and economic conditions. "In addition, the increase in coal production and the slowdown in the Chinese economy have also contributed to the decline in global coal prices," said Agung.
The movement of the HBA since the beginning of 2022 touched the highest value in October, where the HBA rose to touch the level of USD330.97 per ton. The geopolitical condition in Europe as a result of the Russia-Ukraine conflict, which caused fluctuations in European gas prices, became the main driving factor. China's coal production which has increased but its economic slowdown is another factor in the decline in HBA this month, the press release further noted.
There are two derivative factors that affect the movement of HBA, namely, supply and demand. In terms of supply derivatives, it is influenced by season (weather), mining techniques, supplier country policies, to supply chain technicalities such as trains, barges, and loading terminals.
Meanwhile, the demand derivative factor is influenced by declining electricity demand, which correlates with industrial conditions, import policies, and competition with other energy commodities, such as LNG, nuclear, and hydro.
HBA itself is a price obtained from the average index of the Indonesia Coal Index (ICI), Newcastle Export Index (NEX), Globalcoal Newcastle Index (GCNC), and Platt's 5900 in the previous month, with quality equivalent to 6322 kcal/kg GAR. , Total Moisture 8%, Total Sulfur 0.8%, and Ash 15%.
This month HBA will be used directly in the sale and purchase of coal commodities (spot) for month of November at the point of delivery of sales on a Free on-board basis on a transport vessel (FOB Veseel).
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Friday, 23 September 22
EUROPEAN STEEL BUYERS SEEK DIRECTION IN VOLATILE MARKET - MEPS INTERNATIONAL
Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the f ...
Friday, 23 September 22
BUOYANT COAL INDUSTRY SEEKS WAYS TO STAY IN THE LONG-TERM ENERGY MIX - REUTERS
There’s no doubt that the global coal industry has been a major beneficiary of Russia’s invasion of Ukraine and the subsequent energy c ...
Friday, 23 September 22
MARKET INSIGHT - INTERMODAL
In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance eve ...
Tuesday, 20 September 22
CHINA'S DAILY COAL OUTPUT HITS 3-MONTH LOW IN AUGUST ON RAINS, COVID CURBS - REUTERS
China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even ...
Tuesday, 20 September 22
CHINA COAL OUTPUT UP 8.1 PCT IN AUGUST - XINHUA
China’s raw coal output posted stable expansion in August, official data showed.
The country produced 370 million tonnes of ra ...
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Showing 226 to 230 news of total 6871 |
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- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- The University of Queensland
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Australian Coal Association
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
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