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Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and 22.89 mln ton in February 2010. March coal exports up by 13.24 percent compared to February exports.
Indonesia’s first quarter exports reached 74.89 mln MT of coal by ending March 31 2010.
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Country
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January 10
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February 10
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March 10
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Mln ton
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Mln ton
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Mln ton
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China
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8.81
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8.62
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7.00
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South Korea
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3.38
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3.03
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4.12
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India
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3.28
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3.92
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4.32
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Japan
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2.59
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3.19
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3.12
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Taiwan
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2.07
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1.78
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2.40
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Malaysia
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0.98
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0.62
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1.44
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Thailand
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0.94
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0.94
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1.48
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Philippines
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0.44
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0.44
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1.18
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Italy
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0.43
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0.45
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0.54
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Hong Kong
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0.32
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0.42
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0.56
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Source: Various
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China & India Imports
China was a largest importer of Indonesian coal in March 2010. However Indonesian coal exports to China dropped 18.79 percent in March. Indonesia exported 7 mln ton coal in March compared to 8.62 in February and 8.81 MLN tons in January 2010.
“Chinese's interest is still there, and it will continue," a seller, related to Chinese exports said. Chinese buyers are dominating Indoensian coal exports since 2nd half of last year, and it is seemed that, the trend will continue and China will be major importer of Indonesian coal for this year.
India was the second largest importer of Indonesian coal in March 2010. Indonesia exported 4,327,912 MT of coal to India in March 2010, compared to 3.92 mln ton in February and 3.28 mln tons in January or increased by 10.20 percent MoM. South Korea, Japan and Taiwan have imported 4,121,274, 3,122,198 and 2,403,039 tons of coal in March 2010 respectively.
Indian buyers are around Indonesia to book 6300 (GAD) Kcal/kg coal for May / June loading. Indian coal mine investors are actively looking for potential coal properties in Sumatra and Kalimantan islands to secure their fuel requirements.
Pakistani buyers were also aggressively sourcing 6500 GAD coal in Indonesia for their client. According to market information, a Pakistani trading and shipping company is planning to open a sourcing office in Indonesia to increase Indonesian coal exports to Pakistan. The requirement of 6500 (GAD) or above coal is in high demand in Pakistan, as importers of Indoensian and south African coal are mostly cement producers. Pakistani cement producers prefer to buy high GCV coal / low Ash coal for their plants as the plants were designed for higher GCV coal.
Top coal exporter
Bumi Resources as a parent company of KPC and Arutmin was again become a largest exporter of Indoensian coal in March by exporting around 4.73 mln ton. However, Adaro Indonesian was the single largest exporter of coal In March 2010. According to our sources, around 15.59 mln tons out of total exports of 27.61 mln ton of coal exported in March, was exported by 10 top coal producers including Bumi, Adaro, Banpu, Berau, Tanito, Bayan and PTBA.
Kaltim Prima Coal, part of Bumi Resources, has secured a thermal coal contract with a large Japanese customer at the FOB price of $ 104/ton (equivalent to 6322 GAR) for delivery over the next 12 months, according to press release.
PT Adaro Energy's net profit for the year ended December 31st, 2009 increased 392% to Rp 4.4 trillion (US$ 487,264,673)* from Rp 887 billion (US$ 98,228,128)* of the year ended December 31st, 2008, according to news release from Adaro Energy.
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previous year, according to Bangkok Post.
PT Tambang Batubara Bukit Asam, Indonesian government owned largest coal producer, signed a $4.8bn contract for a rail project to construction of a 307km railway from Bukit Asam’s Central Banko coal mine in South Sumatra to Srengsem in the Pampung. The deal reportedly consisted of a $1.3bn rail construction contract, and a $3.5bn 20-year operation and maintenance contract, both with China Railway Engineering Corp. The China Export-Import Bank has been chosen as the main financier for the deal, according to reports. Once the rail project completed, then PTBA production will be increased significantly.
Indonesian coal miners did well instead of a difficult and volatile year in 2009.
Loading delays
The waiting at Indonesian ports for coal vessels was quite normal in Month of March compare to January / February 2010, according to port agents. (cs)
* (1 USD = 9,030.00 IDR)
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 and COALspot.com disclaims all responsibility or liability. 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, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
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Friday, 16 April 10
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An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
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Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
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Showing 5881 to 5885 news of total 6871 |
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- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Planning Commission, India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
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