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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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Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...
Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected.
The BDI saw a bigger drop compared to ...
Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for transportation and sale of coal, which was the ...
Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan h ...
Friday, 04 February 11
PERTAMINA DENIES KAREN AGUSTIAWAN RESIGNS FROM PERTAMINA
COALspot.com - The President Director of PT Pertamina, Karen Agustiawan reportedly will replace Darwin Saleh as Minister of Energy and Mineral Resou ...
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- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Australian Coal Association
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
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