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Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
 COALspot.com - Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of coal against its exports of 24.687 million tons in January 2011, according to the industry sources.
The Indonesian coal exports to the largest importers viz., India and China have shrunk to the extent of 9.27% and 11.71% respectively in the month of Feb'2011. India has imported a total tonnage of around 4.631 MMts (5.105MMts in Jan) as against Chinese imports of 4.234 MMts (4.796 MMts in Jan).
India remained the largest importer of Indonesian coal in February 2011.
The combined affect of slow down in the imports of Indonesian coal had a combined affect of 4.19% of total Indonesian coal exports in February. However, India pushed China to second place in this year.
Last two years Chinese's utilities have imported more Indonesian coal than Indian Utilities. However, in 2011 India has inched above the Chinese utilities usage of Indonesian coal. In to 40.24 percent of total Indonesian coal exports in February goes to India and China.
Top five Indonesian coal importers in February were India, China, Japan South Korea and Taiwan.
According to market players, since 2009 Indonesian coal witnessed higher exports due to the increased demand from India and China. Chinese and Indian end-user are always keep an eye on Indonesia for their coal needs, due to the fact that Indonesia is closer to their ports. this results in lesser voyage time resulting in lesser sea freights.
Increase in Indonesian exports of Low rank coal picked up in recent months. This is one of the main reason for India emerging as the topper for Indonesian exports. due to domestic coal shortage Indian consumers have devised a primitive method of blending of Low rank high moisture coal with the available linkage domestic coal. Indian domestic coal characterized by high ash (30% to 40%) and low moisture (9%) which can advantageously blend with Indonesian Low rank coal of high Moisture (<50%) and low ash (<8%).
Also the increase of Bio Mass and Co-generation capacities Low rank coals have become the order of the day. Also the higher discount prevailing for Low rank coals have encouraged their usage.
Due to the spate of demand for Low ranking coal (<3200 GAR coals with Moisture of up to 50%) Sumatra based LRC suppliers were also targeting Indian market for their exports. In view of this encouraging business Industry is worried and closely watching the proposed Indonesian Govt. policy of banning exports of Low ranking coals.
One of the Indian traders commented that due to good rain resulting in continuous Hydro power, drop in cement and steel demand in India resulted in accumulation of stocks in Indian ports and with the plants. This is the main reason for lower imports in Indonesian coal. However, he also added that, the next 4 months being summer months in India the demand for power, steel and cement increases thereby the movement in coal may be witnessed resulting in higher consumption.
Indonesia already successfully implemented monthly coal reference price for its coal. Coal producers were asked to comply with the government declared index prior to conclude any short term and long terms coal sales agreement with its buyers.
Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.43 per ton, which is 3.63 percent lesser than February 2011 price of US$ 127.05.
Instead of dropped in HBA, Indonesian coal prices were still stand at steady to firm position. small scale mines from Kalimantan were offering 6300 GAD coal between US$ 82 - 87 per MT and premium coal supplier's prices were already in three digits, an international trader said.
According to market stakeholders, the prices may stand stable due to Japan's earth quake, tsunami and nuclear power plants blast, but the prices and demand will move more stronger in coming months.
However, there is sort of confusion prevailing over the price movements as Japanese industries might declare FORCE Majure. The ongoing disturbance in major oil producing countries like Egypt, Libya and Bahrain needs to be taken into account before arriving at the conclusion.
Any time the industry may be attacked by wide fluctuations both sides.
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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Friday, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
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- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
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