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Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
 South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South African coal in 2009 could be considerably higher than last year's 10 million tonnes because many buyers who formerly favoured Indonesian coal are switching to currently cheaper South African material, Indian trade importers said.
South African cargoes are about $4 a tonne cheaper than Indonesian coal.
"It's too early to predict accurately how much more South African coal will come to India this year but I can say that most of my clients who always took Indonesian coal are asking for South African instead," one of India's largest trader importers said.
India is expected to import over 40 million tonnes of coal in 2009 in total, most of which will come from Indonesia to supply power plants. The remainder will be from South Africa and Australia with a few cargoes from Russia.
India has become a vital buyer of South African coal in 2009 because demand in South Africa's major market, Europe, has shrunk due to falling industrial power consumption.
South African producers have more coal for export than forecast in January and are heavily dependent on Indian buying to absorb spot cargoes, producers admit.
Power generators have been taking lower energy content, lower-priced Indonesian coal under term contracts for a few years but surging demand for power has forced them to increase spot buying.
ALL ABOUT PRICE
Until two months ago, generators bought spot Indonesian coal because it was the cheapest option on a delivered basis. Some recent tenders by state utilities saw Indonesian offered CIF at prices below $50.00 a tonne.
Now, South African coal is $4.00 or more a tonne cheaper and state utilities and private power plants are seeking Richards Bay cargoes, traders said.
"The Indonesian prices are not competitive into India from most suppliers right now," another Indian trader said. "They are getting very good prices from China and focussing on that market," he said.
There are two basic types of Indonesian coal sold into India - bituminous and sub-bituminous. The highest-cost, highest energy-content Indonesian bituminous coal is being offered at $55.00-$56.00 a tonne FOB plus freight of around $15.00, traders said.
This coal typically has a higher moisture content than South African coal of a similar calorific value so it is more economic to ship South African rather than pay freight to ship water, traders said.
Prompt South African cargoes are currently bid at $52.50 a tonne FOB Richards Bay for June loading.
"The Indian market is all about price rather than quality," one trader said. "While South African can be delivered more cheaply than Indonesian the end-users will keep switching but as soon as the situation is reversed they will change again."
Source: http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=83939&sn=Detail
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Wednesday, 18 March 09
MANILA'S NAPOCOR SAYS BIDDING FOR 100,000T COAL FAILS - REUTERS
Top Philippine electricityproducer National Power Corp (Napocor) was unable to secure 100,000 tonnes of local coal for one of its power plantsfollow ...
Wednesday, 18 March 09
INDONESIA'S PLN APPOINTS KPC TO SUPPLY COAL - REUTERS
State electricity firm Perusahaan Listrik Negara (PLN) appointed PT Kaltim Prima Coal to supply 1 million tonnes of coal per annum to Tanjung Jati B ...
Monday, 16 March 09
TATA POWER HAS NO PLAN TO SELL STAKE IN INDONESIA BUMI MINES - BLOOMBERG
Tata Power Co., India’s biggest electricity generator outside state control, said it has “no intention” to sell its stake in two I ...
Monday, 16 March 09
ANTAM SELECTS PARTNERS FOR POMALAA POWER PLANT - THE JAKARTA POST
PT Aneka Tambang Tbk, Indonesia’s second-largest nickel producer, said it intended to develop a $300 million coal-fired plant in Pomalaa, Sout ...
Monday, 16 March 09
ADARO TO BOLSTER SUPPLY CHAIN THROUGH ACQUISITIONS - THE JAKARTA POST
PT Adaro Energy Tbk, Indonesia's second-largest coal producer, plans to acquire a coal barging and transshipment company to improve its supply chai ...
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- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
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