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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 exports.
Indonesia's coal exports to China has also dropped in January 2012, compared to December exports. China has imported 6.89* million tons of coal in January which is around 4.55 million tons lesser than its imports in December 2011.
However, India has imported more coal in January 2012. Indian utilities have imported around 6.10* million MT in January, which is around 4.78 percent higher than December 2011, imports.
46.08* percent of total Indonesian coal exports in January shipped to China and India. Coal demand from India and China drastically increased for Indo coal since 2010 and expected to continue this year. However world’s coal experts expected that, India will import more coal than China in 2012.
Indonesian coal price reference which has declared by government of Indonesia has gained 2.09 percent in February compared to Janaury 2012. Indonesian ministry of energy resources has sets the February 2012 Coal Reference Price at US$ 111.58 per ton for spot shipment.
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 re-negotiate the existing contracts with their respective buyer’s to accommodate HBA regulation.
The Indonesian government has already issued a regualtion to ban un-processed mineral and metal export by May 6, 2012.
The low energy coal export ban also expected to be issued any time. However the minimum calorific value of coal that to be banned for export is unknown. According to the latest draft, government is planning to ban coal that contains calorific value lesser than 5700 kcal/kg on air dried basis. The producers of below 5700 kcal/kg gad coal are required to upgrade their coal to 5700 kcal/kg or more if they want to continue export.
“This is one of our strategies to ensure the mandates of the 2009 law on minerals and coal is upheld. Mining companies should have good faith in preparing the way for the raw-materials export ban,” energy and Mineral Resources Minister Jero Wacik said recently.
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.* Figures are subject to verification (cs)
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Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export co ...
Thursday, 26 January 12
DRY BULK MARKETS DOWNFALL KNOWS NO LIMITS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s demise seems to have no visible end, as China’s Lunar Year Holidays continue this week, thus leaving demand with n ...
Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other p ...
Tuesday, 24 January 12
ANOTHER SEVERE DROP IN THE CAPESIZE - BRS
The lunar year celebrations and the high number of new building deliveries (more than 35 Capes so far in January as owners push 2011 deliveries into ...
Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...
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- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
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