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, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...


Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today. Seven Indian coal  traders have submitted price bid to sup ...


Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...


Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...


Tuesday, 22 March 11
KRISHNAPATNAM PORT SETS ALL INDIA RECORD FOR COAL DISCHARGING
COALspot.com - "Krishnapatnam Port has set an all India record for discharging 71,587 tons of steam coal in just 24 hrs using the conventional ...


   1066 1067 1068 1069 1070   
Showing 5336 to 5340 news of total 6871
News by Category
Popular News
 
Total Members : 28,632
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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