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Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal commodities. The new rules are contained in the Minister of Energy and Mineral Resources Decree No. 41.K/MB.01/MEM.B/2023.
Referring to the new regulation, there are three reference prices for coal.
The government, in this case the Ministry of Energy and Mineral Resources (ESDM) has officially changed the guideline for determining the benchmark price for the sale of coal commodities. The new rules are contained in the Minister of Energy and Mineral Resources Decree No. 41.K/MB.01/MEM.B/2023.
HBA (Calorific Value - 6200 - 6400 GAR coal)
The Reference Coal Price (in the equivalent calorific value of 6,322 kcal/kg GAR, Total Moisture 12.58%, Total Sulfur 0.71% and Ash 7.58%, the HBA is: HBA = (0.7*Pm) + (0.3 *Pm-1) (US$/ton) Pm is the average selling price of coal with calories 6,200 -6,400 kcal/kg GAR in the previous month (US$/ton) Pm-1 is the average selling price of coal with calories of 6,200 -6,400 kcal/kg GAR in the previous two months (US$/tonne).
HBA I (Calorific Value - 5100 - 5300 GAR coal)
The Reference Coal Price (in the equivalent calorific value of 5,200 kcal/kg GAR, Total Moisture 23.12%, Total Sulfur 0.69% and Ash 6%, the HBA is: HBA I = (0.7*Pm) + (0.3 *Pm-1) (US$/ton) Pm is the average selling price of coal with calories 5,100 -5,300 kcal/kg GAR in the previous month (US$/ton) Pm-1 is the average selling price of coal with calories of 5,100 -5,300 kcal/kg GAR in the previous two months (US$/tonne).
HBA II (Calorific Value - 4100 - 4300 GAR coal)
The Reference Coal Price II (in the equivalent calorific value of 4,200 kcal/kg GAR, Total Moisture 35.29%, Total Sulfur 0.2% and Ash 4.21%, the HBA: HBA II = (0.7*Pm) + (0.3*Pm-1) (US$/ton). Pm is the average selling price of coal with calories 4,100 -4,300 kcal/kg GAR in the previous month (US$/ton). Pm-1 is the average price selling coal with calories of 4,100 -4,300 kcal/kg GAR in the previous two months (US$/tonne)..
The implementation of this formula since 27 on February 2023. Any transactions on and after 27 February 2023 is subject to this new formula.
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Thursday, 03 November 22
HANDYSIZE VALUES MOVING UP IN OCTOBER, WHILE LNG VALUES SKYROCKET - VESSELSVALUE
Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up ...
Thursday, 03 November 22
EUROPEAN GAS SUPPLY SURPLUS, NOVEMBER HBA DOWN TO US$ 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 ...
Wednesday, 02 November 22
MARKET INSIGHT - INTERMODAL
Only five weeks before western sanctions’ full effect, uncertainty over energy has markets and governments on the edge. What was initially th ...
Tuesday, 01 November 22
CHINA COAL TRADE DISRUPTED BY COVID OUTBREAKS AS WINTER LOOMS - REUTERS
China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks before the ...
Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
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- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Planning Commission, India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
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