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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, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
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- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Parliament of New Zealand
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
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