COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 19 May 11
INDONESIAN COAL EXPORTS DROP 7.98 PERCENT IN APRIL


COALspot.com - Indonesian coal exports dropped to 2.168 million  tons in April, and up 7.13 percent on the year and 7.98 percent below March, according to our sources. Indonesia exports 24.99 million tons of coal in April.

Our sources further said that, first four months export of 98.87 million tons put full year volumes on pace to exceed 296 million tons well above 2010 exports. 

Indian buyers have reduced Indonesian coal imports in April 2011 to 6.28 million tons from 7.70 million tons m-o-m. However, Chinese  returned to Indonesia after silent about almost first three months of this year and brought 35.99 percent more coal in April from March imports.

The next few  months being summer months in India and china the demand for power, steel and cement increases thereby the movement in coal may be witnessed resulting in higher consumption.

China has bought 6.10 million tons of Indonesian coal in April against its import of just 4.48 million tons in March.  Chinese buyers are still in the market to conclude the deals to cover summer requirements.

Recently, Berau Coal, one of the country’s largest coal miners have signed a five-year deal with Huaneng Power International and a three-year contract with Zhushui Energy Resource Group, as quoted by local paper. According to paper, Berau will sell 1.5 million tons of coal annually to each company.

According to ICAP Shipping, China's total coal imports in the first quarter were some 27 percent down on a year ago at 32.3 Mt (2010: 44.4 Mt).

49.57 percent of total Indonesian coal exports in April goes to fuel hungry countries such as India and China.

Indonesian government has already successfully implemented monthly coal reference price for its coal. Coal ministry also fine tuning their coal reference prices on a monthly basis based on market condition. 

Coal producers of Indonesia were asked to comply with the government declared coal price reference prior to concluding any coal sales agreement with its buyers. 

Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur (arb) 0.8%, Ash Content (arb) 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Instead of 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 at this moment, but the prices and demands are expected to move stronger in coming months.(cs) 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...


Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...


Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...


Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...


Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...


   1051 1052 1053 1054 1055   
Showing 5261 to 5265 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Fearnleys - India
  • PLN - Indonesia
  • Merrill Lynch Bank
  • Barasentosa Lestari - Indonesia
  • OCBC - Singapore
  • Indian Energy Exchange, India
  • GVK Power & Infra Limited - India
  • Anglo American - United Kingdom
  • Straits Asia Resources Limited - Singapore
  • Price Waterhouse Coopers - Russia
  • Power Finance Corporation Ltd., India
  • HSBC - Hong Kong
  • Samtan Co., Ltd - South Korea
  • Samsung - South Korea
  • Lanco Infratech Ltd - India
  • Infraline Energy - India
  • Bangladesh Power Developement Board
  • Borneo Indobara - Indonesia
  • Coaltrans Conferences
  • PNOC Exploration Corporation - Philippines
  • Attock Cement Pakistan Limited
  • Intertek Mineral Services - Indonesia
  • Grasim Industreis Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Adani Power Ltd - India
  • Semirara Mining Corp, Philippines
  • Banpu Public Company Limited - Thailand
  • Indian Oil Corporation Limited
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bank of China, Malaysia
  • SASOL - South Africa
  • UOB Asia (HK) Ltd
  • Indogreen Group - Indonesia
  • Electricity Authority, New Zealand
  • Cargill India Pvt Ltd
  • GHCL Limited - India
  • Japan Coal Energy Center
  • Thailand Anthracite
  • McKinsey & Co - India
  • Bahari Cakrawala Sebuku - Indonesia
  • UBS Singapore
  • Simpson Spence & Young - Indonesia
  • TRAFIGURA, South Korea
  • Sree Jayajothi Cements Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • SUEK AG - Indonesia
  • U S Energy Resources
  • Core Mineral Indonesia
  • Formosa Plastics Group - Taiwan
  • Coal India Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Mjunction Services Limited - India
  • Trasteel International SA, Italy
  • Rio Tinto Coal - Australia
  • Kumho Petrochemical, South Korea
  • Petrochimia International Co. Ltd.- Taiwan
  • NTPC Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Pendopo Energi Batubara - Indonesia
  • Surastha Cement
  • Berau Coal - Indonesia
  • Indian School of Mines
  • New Zealand Coal & Carbon
  • Asian Development Bank
  • Cigading International Bulk Terminal - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Cemex - Philippines
  • Thermax Limited - India
  • CNBM International Corporation - China
  • LBH Netherlands Bv - Netherlands
  • TeaM Sual Corporation - Philippines
  • Binh Thuan Hamico - Vietnam
  • Ministry of Finance - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Freeport Indonesia
  • IOL Indonesia
  • DBS Bank - Singapore
  • Petron Corporation, Philippines
  • Port Waratah Coal Services - Australia
  • Geoservices-GeoAssay Lab
  • Jaiprakash Power Ventures ltd
  • Credit Suisse - India
  • Indorama - Singapore
  • Heidelberg Cement - Germany
  • Deutsche Bank - India
  • Sucofindo - Indonesia
  • Ministry of Transport, Egypt
  • Economic Council, Georgia
  • Global Coal Blending Company Limited - Australia
  • Vedanta Resources Plc - India
  • NALCO India
  • Maheswari Brothers Coal Limited - India
  • Siam City Cement PLC, Thailand
  • Xstrata Coal
  • Reliance Power - India
  • Sarangani Energy Corporation, Philippines
  • IMC Shipping - Singapore
  • SRK Consulting
  • Coeclerici Indonesia
  • Kaltim Prima Coal - Indonesia
  • Africa Commodities Group - South Africa
  • Kalimantan Lumbung Energi - Indonesia
  • Meralco Power Generation, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Shree Cement - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Iligan Light & Power Inc, Philippines
  • Gupta Coal India Ltd
  • Mercuria Energy - Indonesia
  • SGS (Thailand) Limited
  • Sakthi Sugars Limited - India
  • Ministry of Mines - Canada
  • RBS Sempra - UK
  • Tamil Nadu electricity Board
  • Argus Media - Singapore
  • ICICI Bank Limited - India
  • CCIC - Indonesia
  • KPCL - India
  • MS Steel International - UAE
  • McConnell Dowell - Australia
  • Platts
  • WorleyParsons
  • Minerals Council of Australia
  • Qatrana Cement - Jordan
  • Videocon Industries ltd - India
  • Cebu Energy, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Agrawal Coal Company - India
  • TGV SRAAC LIMITED, India
  • Aditya Birla Group - India
  • Romanian Commodities Exchange
  • TNPL - India
  • ETA - Dubai
  • Ind-Barath Power Infra Limited - India
  • Sojitz Corporation - Japan
  • Chettinad Cement Corporation Ltd - India
  • Maruti Cements - India
  • Bhatia International Limited - India
  • ASAPP Information Group - India
  • bp singapore
  • Bharathi Cement Corporation - India
  • Jatenergy - Australia
  • Salva Resources Pvt Ltd - India
  • Commonwealth Bank - Australia
  • IHS Mccloskey Coal Group - USA
  • Malco - India
  • EMO - The Netherlands
  • The Treasury - Australian Government
  • Kohat Cement Company Ltd. - Pakistan
  • Bangkok Bank PCL
  • Therma Luzon, Inc, Philippines
  • Tata Power - India
  • Maharashtra Electricity Regulatory Commission - India
  • Global Business Power Corporation, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Thiess Contractors Indonesia
  • Georgia Ports Authority, United States
  • Semirara Mining and Power Corporation, Philippines
  • Kobexindo Tractors - Indoneisa
  • Mitsubishi Corporation
  • Maersk Broker
  • Larsen & Toubro Limited - India
  • Madhucon Powers Ltd - India
  • Eastern Coal Council - USA
  • PTC India Limited - India
  • Singapore Mercantile Exchange
  • Directorate General of MIneral and Coal - Indonesia
  • globalCOAL - UK
  • Rudhra Energy - India
  • Coalindo Energy - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Orica Mining Services - Indonesia
  • Gujarat Sidhee Cement - India
  • JPower - Japan
  • Asia Cement - Taiwan
  • Inspectorate - India
  • Adaro Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Manunggal Multi Energi - Indonesia
  • KPMG - USA
  • Dalmia Cement Bharat India
  • MEC Coal - Indonesia
  • Humpuss - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Pinang Coal Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Latin American Coal - Colombia
  • Wilmar Investment Holdings
  • Essar Steel Hazira Ltd - India
  • Enel Italy
  • AsiaOL BioFuels Corp., Philippines
  • European Bulk Services B.V. - Netherlands
  • Antam Resourcindo - Indonesia
  • Siam City Cement - Thailand
  • Shenhua Group - China
  • Bukit Asam (Persero) Tbk - Indonesia
  • Barclays Capital - USA
  • Moodys - Singapore
  • Lafarge - France
  • SMC Global Power, Philippines
  • Oldendorff Carriers - Singapore
  • IBC Asia (S) Pte Ltd
  • Deloitte Consulting - India
  • Bulk Trading Sa - Switzerland
  • Bhushan Steel Limited - India
  • Platou - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Savvy Resources Ltd - HongKong
  • Miang Besar Coal Terminal - Indonesia
  • APGENCO India
  • Standard Chartered Bank - UAE
  • Ceylon Electricity Board - Sri Lanka
  • Britmindo - Indonesia
  • Bank of America
  • Gujarat Electricity Regulatory Commission - India
  • Electricity Generating Authority of Thailand
  • Bukit Makmur.PT - Indonesia
  • Eastern Energy - Thailand
  • Krishnapatnam Port Company Ltd. - India
  • Chamber of Mines of South Africa
  • Cardiff University - UK
  • Vale Mozambique
  • ANZ Bank - Australia
  • Central Electricity Authority - India
  • Rashtriya Ispat Nigam Limited - India
  • Gresik Semen - Indonesia
  • ING Bank NV - Singapore
  • Panama Canal Authority
  • India Bulls Power Limited - India
  • World Bank
  • Thomson Reuters GRC
  • TANGEDCO India
  • Leighton Contractors Pty Ltd - Australia
  • White Energy Company Limited
  • Independent Power Producers Association of India
  • EIA - United States
  • Coastal Gujarat Power Limited - India
  • Parry Sugars Refinery, India
  • Mitra SK Pvt Ltd - India
  • Permata Bank - Indonesia
  • CoalTek, United States
  • Orica Australia Pty. Ltd.
  • Globalindo Alam Lestari - Indonesia
  • London Commodity Brokers - England
  • GAC Shipping (India) Pvt Ltd
  • Medco Energi Mining Internasional
  • Central Java Power - Indonesia
  • The India Cements Ltd
  • KOWEPO - South Korea
  • Thriveni
  • Kideco Jaya Agung - Indonesia
  • Indika Energy - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Australian Coal Association
  • Edison Trading Spa - Italy
  • Cement Manufacturers Association - India
  • Jindal Steel & Power Ltd - India
  • Mechel - Russia
  • Gujarat Mineral Development Corp Ltd - India
  • Cosco
  • Peabody Energy - USA
  • GNFC Limited - India
  • Ernst & Young Pvt. Ltd.
  • Bhoruka Overseas - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • SMG Consultants - Indonesia
  • Coal and Oil Company - UAE
  • PetroVietnam Power Coal Import and Supply Company
  • KEPCO - South Korea
  • Xindia Steels Limited - India
  • Vizag Seaport Private Limited - India
  • PowerSource Philippines DevCo
  • Clarksons - UK
  • BNP Paribas - Singapore
  • Carbofer General Trading SA - India
  • Riau Bara Harum - Indonesia
  • Altura Mining Limited, Indonesia
  • Indonesia Power. PT
  • Meenaskhi Energy Private Limited - India
  • Ince & co LLP
  • Maybank - Singapore
  • GB Group - China
  • Asmin Koalindo Tuhup - Indonesia
  • Petrosea - Indonesia
  • The State Trading Corporation of India Ltd
  • Mitsui
  • Parliament of New Zealand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Malabar Cements Ltd - India
  • Wood Mackenzie - Singapore
  • Thai Mozambique Logistica
  • Global Green Power PLC Corporation, Philippines
  • Russian Coal LLC
  • Baramulti Group, Indonesia
  • San Jose City I Power Corp, Philippines
  • Bayan Resources Tbk. - Indonesia
  • The University of Queensland
  • ACC Limited - India
  • Australian Commodity Traders Exchange
  • Goldman Sachs - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • PetroVietnam
  • Alfred C Toepfer International GmbH - Germany
  • CIMB Investment Bank - Malaysia
  • Posco Energy - South Korea
  • Idemitsu - Japan
  • Mercator Lines Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Marubeni Corporation - India
  • Vitol - Bahrain
  • CESC Limited - India
  • Directorate Of Revenue Intelligence - India
  • Karaikal Port Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • Merrill Lynch Commodities Europe
  • PLN Batubara - Indonesia
  • Metalloyd Limited - United Kingdom
  • Renaissance Capital - South Africa
  • Toyota Tsusho Corporation, Japan
  • World Coal - UK
  • Makarim & Taira - Indonesia
  • Energy Development Corp, Philippines
  • Total Coal South Africa
  • JPMorgan - India
  • Glencore India Pvt. Ltd
  • Tata Chemicals Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • BRS Brokers - Singapore
  • Noble Europe Ltd - UK
  • Ambuja Cements Ltd - India
  • Interocean Group of Companies - India
  • IEA Clean Coal Centre - UK
  • Arch Coal - USA
  • VISA Power Limited - India
  • GMR Energy Limited - India
  • J M Baxi & Co - India
  • Indo Tambangraya Megah - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Coal Orbis AG
  • Sical Logistics Limited - India
  • Tanito Harum - Indonesia
  • Runge Indonesia
  • Indonesian Coal Mining Association
  • SN Aboitiz Power Inc, Philippines
  • Star Paper Mills Limited - India
  • Mintek Dendrill Indonesia
  • Uttam Galva Steels Limited - India
  • Energy Link Ltd, New Zealand
  • Inco-Indonesia
  • South Luzon Thermal Energy Corporation
  • Arutmin Indonesia
  • Planning Commission, India