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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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Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...
Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...
Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...
Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...
Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...
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- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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