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Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’s coking coal exports to Japan claimed 14.40 percent in June compared to May's exports.
Indonesia has exported 742,215 tones of coking coal to Japan in June 2011, up 14.40 percent from previous month. The exported coking coal price was at US$ 144.83/tonne, slightly below from May's export price of US$ 152.65/tonne, according to data released by Ministry of Finance of Japan.
According to ministry’s data, Indonesia is the second biggest exporter of coking coal to Japan followed by Canada in June 2011. Australia the largest coking coal exporter in the world has shipped the biggest quantity of coking coal to Japan, which has exported 3.14 million tones in the June 2011, up 13.6 percent from the previous month.
The average price of Australian’s coking coal sold at US$ 280.51/tonne, up US$ 31.33 compared to May's price of US$ 249.18/ton.
Canada was the third largest coking coal exporter, which has shipped 732,338 tones slightly lesser than Indonesian export in June. The Canadian coking coal was sold at US$ 304.35/ton in June, up US$ 58.87 compared to May's price of US$ 245.48/ton.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
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Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
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