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Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011.
China was a largest importer of Indonesian coal in October 2011 and pushed India to quite far. China bought nearly 12.58 million tons of coal from Indonesia last month and India has imported only 3.96 million tons, which is only around 30 percent of Chinese's imports.
40.38 percent of total Indonesian coal exports in October shipped to China.
Indian imports were dropped drastically since last two months, acording to available export data.
"Despite an acute fuel shortage, Indian power producers are refusing to buy expensive coal, leaving coal importers to face big losses as stocks mount up. Coal stock piles at various ports have reached record levels and are estimated to surpass the 11Mt mark", as stated by economic times.
However as reported by business spectator of Australia, "By 2020, when it comes to coal imports, India will be a new China as the largest importer of coal in the world. Coal is set to remain a major energy source alongside oil over the next 25 years on strong Asian demand, an uncertain outlook for nuclear power and despite the popularity of natural gas. Coal will be very competitive for a long time," Richard Jones, deputy executive director of the International Energy Agency (IEA) told AFP in an interview.
"Coal will remain the main energy in many countries, principally China and India," Jones said last week as the IEA published its 25-year outlook, business spectator further said.
“Chinese's interest for Indonesian coal still there, but it is not as last few weeks back", said a trader.
Chinese buyers are dominating Indonesian coal exports since the end of 1st quarter of this year, and the trend will expected to continue and China will be major importer of Indonesian coal for this year, said market players. Chinese buyers are also keen to buy Indonesian high sulphur coal coampre to Indian buyers.
South Korea, Japan and Taiwan have imported 8.96 million tons of coal in October 2011.
The coal export information within this article is provided by coalspot.com on an "as is" and "as available” basis. All details about, given in good faith, without guarantee and COALspot.com disclaims all responsibility or liability. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in this article.
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Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...
Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...
Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...
Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...
Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
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- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Australian Coal Association
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- London Commodity Brokers - England
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