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Tuesday, 20 December 11
INDIA IMPORTS 66.41 PERCENT MORE COAL FROM INDONESIA LAST MONTH - SOURCES
 COALspot.com: Indonesia, the world largest coal exporter, shipped 33.476* mln mt of coal in November, which is slightly higher than its October export.
Indonesia's coal exports to China have also slightly increased in November. China as usual becomes the largest importer of Indonesian coal has imported 13.23* million tons of coal in November. Chinese's utilities have imported more Indonesian coal than Indian Utilities imported since April 2011. According to media reports, around 8 million tons of coal still laying at Indian ports waiting for the consumers to evacuate from port.
Instead of 8 million tons at India ports to be delivered to customers, India was the second largest importer of Indonesian coal in November. Indonesia has exported 6.59* million MT, which is around 66.41 percent higher than October exports to India.
59.23* percent of total Indonesian coal exports in November have shipped to China and India. Coal demand from India and China drastically increased for Indo coal since 2010. One of the Indonesian largest coal producer Berau coal is also indicated that, India will be the big market for Berau’s low calorific coal in 2012.
Coal spot-prices dropped worldwide last week according to index publishers. NEWCIndex which has published by GlobalCoal, which is also benchmark price for Asian market closed lower at US$110.28 per ton for the week of December 16 or down 1.1% compare to the previous week.
Meantime, RBIndex, which also published by GlobalCoal benchmark for South Asia and West European markets dropped to US$101.95 or 1.46 percent from US$ 103.47 from the previous week.
However Indonesian coal prices are not falling drastically, and small-scale and medium-scale suppliers are still offering prices which buyers are feeling the prices are in high side or not with the current market trend. Meantime, Big scale coal producers have already sold the cargo at least until the end of 1Q next year and offering no cargo on the spot except one or two supplier is willing to discuss spot shipments, said a trader from India.
Indonesian coal price reference which is declaring by government of Indonesia has also dropped 3.41 in December compared to November 2011. Indonesian ministry of energy resources has set the December 2011 Coal Reference Price at US$ 112.67 per ton. As international coal indices are falling, the January 2012, Indonesian Coal Reference Price (HBA) is also expecting to fall further.
Dozens of Indian companies have invested in coal mines in Indonesia to secure fuel supplies to their respective plants on the long-term basis, and around five to ten companies have already in operation stage.
Indonesian government is also strictly monitoring the contracted price between sellers and buyers of Indonesian coal to avoid price transferring. Indonesian suppliers were required by law to obtain government's approval prior to sign any term contract with their buyers. Suppliers are prohibited to sell coal below HBA index and urged them to renegotiate the existing contracts with their respective buyer’s to accommodate HBA regulation.
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 and has been collected from various press reports, organization and individuals considered reliable but without guarantee. 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.* To be verified(cs)
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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...
Thursday, 22 December 11
DRY BULK MARKET KEEPS LOSING TRACTION AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept retreating in the middle of the week, as charterers seem to be looking towards the holiday season and the start of the new ye ...
Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) a ...
Monday, 19 December 11
KOPEX COMMITS ADDITIONAL ONE MILLION DOLLAR FOR PT TRANSCOAL MINERGY
COALspot.com - Mining contractor Kopex has agreed to extend a further US$1 million to finance the remainder of the expanded drill program at PT Tran ...
Monday, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its ...
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- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
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