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Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
 COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Augusts’ exports of 22.896 million tons. According to our sources, Indonesia’s first nine-month coal exports have reached around 209 million MT.
China Imports
China once again or as usual become the largest importer of Indonesian coal. China has imported 5.020 million tons of coal in September 2010. However, China’s September imports of Indonesian coal were down 13.16 percent compared to August Imports of 5.782 million ton. According to Indonesian coal industry players, China has imported 53.204 million tons of coal for first nine months of this year. Chinese's utilities have imported more Indonesian coal than Indian Utilities for first nine months in 2010.
India Imports.
India was the second largest importer of Indonesian coal in September. India has imported 35.931 million MT for the period January – September 2010, according to available data from coal industry. India’s September imports were only around 3,884,313 MT, which was 17.93 percent of total September export of Indonesian coal. Indonesian shippers have shipped 1.86 percent less coal to India in September compared to August 2010 exports.
Indonesian total exports
Indonesia has already shipped around 209.371 million tons of coal during first 9 months and 161.160 mln MT of coal or 76.97 percent of total exported coal goes to China, India, South Korea, Japan and Taiwan.
Top ten importers of Indonesian coal till end of September 2010
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Country
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Jan – Sep 2010
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Mln ton
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China
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53.20
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India
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35.93
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South Korea
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30.32
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Japan
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24.47
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Taiwan
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17.21
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Malaysia
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12.06
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Thailand
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8.86
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Philippines
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8.26
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Hong Kong
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5.33
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Italy
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4.18
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Source: Various
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Instead of dropping in exports to India in September 2010, “Indian buyers are still here, and an Indian demand it will continue," an exporter from East Kalimantan said.
“The price expectation from buyers for Indonesian medium GCV coal from India was not in line with the expectation of sellers”, said another trader from India.
The trader further added that, “Indian demands for coal in this month is less comapred to month of September as a huge amount of imported coal was laying at Indian ports to transport. “The Demand will be expecting to increase again in second half of next month", he added.
“Indian & Chinese buyers are still dominating Indoensian coal market, the trend will continue as the demand from India & China is continuing high’ said, another producer of coal in Indonesia.
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Indian buyers are looking for higher GCV coal rather than lower GCV coal. “Chinese buyers were also looking for coal with calorific value 6100 to 6300 GAD” a Surabaya based coal broker said. Most of the inquiries from China were based on CIF basis where’s Indian inquiries were on FOB vessel.
Indonesian big scale coal mine owners were already covered their shipments until the end of this year or having less cargo for spot market. Hence Indonesian coal prices are standing at stable to steady status. Indonesian coal price reference, which was declared by Ministry of Energy of Indonesia was up by 2.92 percent in October to US$ 92.68 per ton. Indonesian suppliers were required to refer the HBA when they conclude the deals with domestic as well as International buyers.
Coal Mine Investment
Indian power plants, steel industries and cements industries are also actively looking for the coal concessions to secure their fuel on long term. Reliance Power has recently signed a share-sale agreement with Indonesia’s Sugico Group to acquire three coal mines and the total value of the deal will be $1.6 billion, If all contractual - linked targets are met.
RPG group of India through its subsidiary company ICML, is also looking for coal mine expansion in Indonesia. ICML is already operating a coal mine in India for captive use.RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake in Resource Generation Limited (RG), Australia recently. In addition to share acquisition, ICML has also inked an offshore coal procurement contract with RG to purchase 37 million tonne (MT) of coal over 20 years from RGL’s Boikarabelo mine in South Africa.
More than two dozen of Indian companies already Invested coal mines in Indonesia and around five to ten companies are already in operation.
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 and has been collected from various press reports, organization and individuals considered reliable but 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.(cs)
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Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
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Showing 5526 to 5530 news of total 6871 |
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- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
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