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

Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...


Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...


Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...


Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...


Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...


   1054 1055 1056 1057 1058   
Showing 5276 to 5280 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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