We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
 COALspot.com - Indonesian coal exports jumped 23.31 percent during March 2011. The world’s largest coal exporter shipped 27,164,079 mt of coal in March up 23.32 percent from its February exports of 22.02 million tons, according to the industry sources. India and china have taken a share of 28.37 percent and 16.52 percent respectively.
India has imported a total tonnage of around 7.707 MMts up 66.42 percent (4.631 MMts in February) and Chinese imports reached 4.488 MMts up 5.99 percent (4.234 MMts in February).
India remained the largest importer of Indonesian coal since January 2011. China was the largest Indonesian coal importer during 2009 and 2010, but India pushed China to second place in this year.
44.89 percent of total Indonesian coal exports in March goes to fuel hungry countries India and China.
Top five Indonesian coal importers in March 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., which makes their landed cost competitive compare to other origin of coal as well as indigenous coal.
Increase in Indonesian exports of Low rank coal picked up in recent months. Due to domestic coal shortage, Indian consumers have devised a primitive method of blending of Low rank high moisture coal of Indonesia with the available 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. Indonesian government proposed the coal producers to up-grade their coal to higher energy value prior to export to have high price. The Government regulation is expected in Year 2014.
One of the Indian traders commented that due to the Somali pirate's threat to the Indian coal vessels heading to the west coast of Indian ports , buyers of South African coal may avoid pirate's dominated zone for safety of their crew members and cargo. Unless there is a firm action from Indian naval forces as well as international community on pirate attacks on the vessel which were passing through pirate attack zone, the growth of coal trade between India and south Africa will be affected.
For a short term, Indian coal buyers may look at alternative sources of supply. Will SOMALI PIRATES force Indian coal buyers to reduce procurement from South Africa? Register your opinion Yes, For A Short Period, No, May Be.
However, the next few 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 ministry also fine tuning their coal reference prices on monthly basis. 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 April 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.02 per ton, which is 0.33 percent lesser than March 2011 price of US$ 122.43 per mt fob vessel.
Instead of minor dropping in HBA, Indonesian coal prices were still at stable 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 high nineties or at three digits pricing, 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 are expected to move more stronger in coming months.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...
Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...
Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world.
Press Release - Total Sinergy ...
Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...
Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
|
|
|
Showing 5296 to 5300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
|
| |
| |
|
