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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, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...
Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
Howeve ...
Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
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- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- The University of Queensland
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Bhatia International Limited - India
- The Treasury - Australian Government
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