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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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Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...
Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...
Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...
Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...
Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
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- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- The University of Queensland
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
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