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Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE
 COALspot.com - Indonesia shipped 28.27 Million tons of coal in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, Indonesian coal industry sources said.
Indonesian coal producers have shipped approximately 8.236 million tons of coal to China in June, which was 0.24 percent higher than May 2011 exports. However, Indonesian producers failed to push more coal to India in June.
Indian importers have imported 2.63 percent lesser coal compared to May Imports. India has imported only around 6.20 million tons, which were around 21.95 percent of Indoneisan total coal exports in June. In the meantime, India has imported approximately 36.033 million tons coal, which was slightly lesser than Chinese's imports of 36.071 million tons, during first half this year.
India was the largest Indonesian coal importer since January 2011 until April 2011, until China becomes the largest importer of Indonesian coal since May 2011.
According to the coal minister of India, India's coal imports may be at 250 million tons per annum by 2016. Coal imports are an unavoidable options for Indian utilities due to non availability of economically viable coal from domestic mines. However, according to Indian UMPPs, due to Indonesian government regulation that forces all coal producers must sell coal at government declared monthly prices, would cost them at least US$ 30 per ton higher than they previously budgeted.
According to Indian power industry sources opined that Indian UMPPs ( ultra-mega power project) suddenly caught in between as the concept of UMPP was implemented 4 to 5 years back. The large scale industrial houses in India have bided and secured UMPP licenses based on the open market prices /long term coal contracts from Indonesian producers (I.e., pre regulated Indonesian market). Now that Indonesian coal reference price mechanism is in place all the UMPP's are seeking Indian government’s assistance in revising the Power Tariff of UMPP.
There are mixed of reactions from Indian mine investors in Indonesia related to government regualtion on coal referance price. Indian power plants are must focus on the fuel security than price advantages out of Indonesian coal mine operations. Mine investments in Indonesia will definitely a good option for power producers of India to secure fuel for their plants, according to an Indian power producer who had invested coal mine in Indonesia.
Meantime, another investor opined that, more and more of Indian lenders are concerned with the sourcing of coal from Indonesia for their power generating plants after reported backing out of Reliance Power from their proposed 4000 MW UMMP in Krishnapatnam port zone due to higher cost for coal imports from Indonesia.
Indonesia has introduced bench mark pricing mechanism for its coal since February 2010, and it has implemented for the domestic supplies as well the export market. The pricing was done on the transparent way using four internationally acceptable coal indices to generate monthly Indonesian coal reference prices for about 62 types of coal, including 8 types of bench mark qualities.
The regulation also requires miners to report sales volumes, prices, and buyers every month to the government, allowing it to ensure that the rules are being followed. Violations can lead to revocation of mining permits. The price benchmark aims to prevent firms selling coal to affiliates at low prices to avoid taxes that hurts Indonesia's efforts to collect revenues from its massive commodity exports.
Ministry of Energy and Mineral Resources of Indonesia has set the July 2011 Indonesian Coal Reference Price for thermal coal at US$ 118.24 per ton per ton, which was 0.66 percent lesser than June 2011 price. Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur (arb) 0.8%, Ash Content (arb) 15.00% and delivery free on Board (FOB) Vessel basis and applicable for spot contract, delivery between 1 – 31 July 2011.
Indonesian government is currently drafting a new regulation that could ban the export of low-grade coal by January 12, 2014. This is likely to apply to coal below 5100 kilocalories (on air dried basis) in value.
Indonesian large-scale producers were offering bituminous coal of 5,500 kcal/kg NAR at around $ 108 a ton, FOB vessel basis, and the price was almost flat since last week, buyers said.
79.77 percent of total coal exports in June shipped to China, India, South Korea, Japan and Taiwan respectively.
The coal export information within this article is provided by coalspot.com on an "as is" and "as available” basis. All details about, given in good faith, without guarantee. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in this article.
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Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...
Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...
Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...
Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...
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- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- The University of Queensland
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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