We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
 COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal in August, a 5.24 percent drop compared to its July exports.
India
Indian buyers have reduced Indonesian coal imports in August 2011 to 5.758 million tons from 6.482 million tons m-o-m.
China
Chinese buyers were returned back to Indonesia after silent about almost first three months of this year but now importing huge quantity of coal since April. Chinese buyers have brought 10.353 million tons of coal in August 2011. Chinese buyers are still aggressive toward conclude the deals from Indonesia for prompt loading as well as October - December loading.
As winter is approaching in China, the demand for power is expected to increases thereby the movement in coal may be witnessed resulting in higher consumption. “Chinese buyers are willing to pay an additional 2 -3 US$ dollars compared to last week”, said a coal miner who is used to export majority of his production to China.
54.31 percent of total coal exports from Indonesia in August goes to fuel hungry countries such as India and China.
HBA
Indonesian government has already successfully implemented monthly coal reference price for its coal. The regulation is expected to be (fully) implemented by 22nd of this month.
"The regulation is likely to increase the price of coal, mainly for all Indian Power Projects using imported coal from Indonesia", Sunil K Kumbhat, an analyst from India commented. Coal producers of Indonesia were asked to comply with the government declared coal price reference price prior to concluding any coal sales agreement with its buyers.
Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 Indonesian Coal Reference Price (HBA) for thermal coal at US$ 116.26 per ton, which is slightly lesser than August 2011 price.
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 - 30 September 2011.
DMO
Indonesian government has increased the domestic market obligation (DMO) allocation to 82.07 million tons of coal for 2012, which is 4 percent higher than 2011 allocations.
The country is planning to produce 332 million tons of coal in 2012, according to the ministerial decree signed on 25 August 2011. Indonesian coal market stakeholders are in opined that, the prices and demands are expected to move stronger in coming months.
Coal Export Ban
In the meantime, Ministry of Energy and Mineral Resources of Indonesia also drafting a law that may ban coal export if calorific value of coal below 5700 kcal/kg on air dried basis by 2014. If the coal producers do not increase the heating energy above 5700 kcal/kg, it will be banned for export market.
However market reaction was against the proposed ban as Indonesian coal mining association disagrees over this. "We oppose it and plead for its postponement,” ICMA’s Executive Director Suhala Supriatna said to press last month.
"If the regulation is implemented, then the impact will be tremendous, because there are more than 150 million tons of coal low calorific value coal that cannot be exported," commented by Chairman of ICMA.
"If the new definition of low grade coal is applied (<5700 kcal/kg adb), it may be reasonable to believe that such a ban may have impact on the Indian power sector as volumes in this grade of coal are expected to rise in the proportion of coal exports to India. Several of the acquisitions made by Indian power generation companies in Indonesia have been in coal blocks that will produce coal of this grade, and a blanket ban on the exports can jeopardize power plant development in India," said Dipesh Dipu, Director of Deloitte Touche Tohmatsu India Pvt. Ltd.
Indonesian coal is being used by consumers around the world. Hence, any new regulations, restrictions, bans will disturb Indo coal consumers and their sourcing plans.
According to market information, Tamil Nadu Newsprint and Papers Ltd. an Indian paper manufacture has recently concluded a contract to buy 160,000 MT of 6000 GAD and 15% TM Indonesian non-coking coal at USD 90.40. The deal was concluded through electronic bidding and delivery of the cargo would be on a delivered basis.
Indian large scales corporate are aggressively investing in coal mines and infrastructure in Australia. Last week, GVK group, India’s leading infrastructure developer, confirmed arrangements for the acquisition of a strategic part of large, high quality coal resource and infrastructure development project in Queensland for US$ 1.26 billion.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
|
|
|
Showing 5106 to 5110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
|
| |
| |
|
