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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)
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Tuesday, 05 April 11
DRY BULK MARKET DOWN ON FIRST DAY OF SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market began the second quarter on a downward pattern, with the industry’s benchmark, the Baltic Dry Index (BDI) shedding 1.45 pe ...
Monday, 04 April 11
INDONESIA INTERNATIONAL CONFERENCE FOCUS ON INDONESIA'S ECONOMY (IICFIE) 2011 MASTER PLAN TO ACCELERATE THE ECONOMIC DEVELOPMENT
Press Release - Since couple of years, Indonesia's economy show impressive growth. What is the Indonesia's Economic Corridor and the Master plan t ...
Saturday, 02 April 11
TNPL CALLS FOR 160KT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure another 160,000 MT +/- 5 percent of Non-Coking imported C ...
Saturday, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. ...
Friday, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
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- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
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