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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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Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
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Showing 5551 to 5555 news of total 6871 |
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- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Australian Coal Association
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
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