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Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
 COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Minister of Indonesia Jero Wacik replied to a question related to China’s proposed import ban on low calorific value coal on the sidelines of the 19th CoalTrans Asia conference at the Bali International Convention Center in Nusa Dua, Bali. The minister further said, the government would increase coal exports to other countries, including India, look to new markets and encourage domestic consumption, if China imposes the ban on lower grader coal.
According to minister demand for coal is still high, and it will continue to be increases. The current low prices are just for temporary period, and the coal prices will increase again soon once world economy returns to its normal condition.
“Don’t avoid paying coal royalty to the government”, he requests coal producers to pay the royalty on time as per the government regulation.
China is reportedly considering to ban imports of lower calorific value coal because these types of coal create high pollution. China’s decision, if implemented, would hurt Indonesia’s low calorific value coal producers. In the meantime, it will be benefited for high calorific value producers. The Chinese coal buyers as well as Indonesian coal suppliers were saying, during 19th CoalTrans Asia conference, China is considering banning coal with calorific value below 3700 on NAR basis instead of previously 4540 NAR coal. However, some of the participants of coal conference are in an opinion that, the ban will not be implemented immediately.
In the meantime, the demand for 3800 GAR to 4200 GAR coal is still high and Indian buyers are looking for similar coal for Indian market.
“The demand is there, but the asking prices for 3800 GAR coal are very low”, said a coal producer. According to the producer, who is producing coal from central Kalimantan, the bids are around US$ 35 per MT fob vessel, which is far below than current offer prices.
In the meantime, a south Sumatra coal producer said, the price differences between their offers are bids that they are receiving is very narrow. “ The difference between our offer and bids are around US$ 0.50 to US$ 1 per ton” said the same producer who is producing around 100,000 tons of coal every month.
The immediate future of coal market direction is unpredictable at this moment. No stakeholder of coal industry is able to give a firm forecast neither on direction of coal market nor price.
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- CNBM International Corporation - China
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
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