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Wednesday, 25 April 12
CHINA IMPORTS 9.76 MMT AND INDIA IMPORTS 7.03 MMT OF INDONESIAN COAL LAST MONTH
COALspot.com: Indonesia, the world largest coal exporter, shipped 30.64* million tons of coal in March 2012, compared to 27.12* million tons in February 2012. The March coal exports up 12.98 percent from February exports.
China was the largest importer again last month, followed by India. China has imported 9.76* million tons of coal meantime, India's imports reached to 7.03* million tons last month.
Indonesia's coal exports to China has increased 46.92 percent in March to 9.76* million tons and to India increased by 7.38 percent. Indian utilities have imported 7.03* million tons in March, compared to 6.55* million tons in February 2012.
81.33 percent of total Indonesian coal exports in March goes to top five traditional coal importers Indonesian coal such as China, India, South Korea, Japan and Taiwan.
“Inquiries from India and China are still in the market," said an international coal trader who is operating in Indonesia. However the FOB prices are not favoring suppliers at this moment, the gap between offers and bids are quite wider he added.
5,000 kcal/kg GAR coal from Central Kalimantan is being bids at US$ 70-71 this week, while the 5,800 kcal/kg GAR coal is around US$90 - 92/mt, a trader said.
Indonesia is in process to issue a regulation to (re) introduce duty on coal export. However the exact percentage of duty is unknown but speculated between 15 percent to 25 percent this year and 50 percent next year.
However the market does not know whether the proposed export (higher) duty on Indonesian coal creates less competition or not, if it is introduced and implemented fully.
"Coal export duty could affect price competition of Indonesian coal and also coal producers future earnings”, said a coal player from India. “Coal demand in Asia, principally Japan, China and India remains strong. Hence the market will absorb a minor duty on coal” said a coal exporter from Indonesia.
Indonesia is already introduced regulation to control selling price of coal and now planning to introduce duty on coal & coal export ban on lower GCV to limit export of coal from Indonesia keeping future in mind.
There are rumors speculated in the market that, the government may introduce duty for low calorific value coal instead of introducing export restriction for low calorific value coal.
The Indonesian government is also scheduled to issue regulation on export duty for minerals on or before May 6, 2012.
According to COALspot.com’s this week polling, 40% of producers are in opinion that, if the coal export duty introduced and implemented fully, then Indonesia will be the most affected country compared to China and India. However 52 percent of producers are still believed that, India and China will be most affected countries and not Indonesia.
In the meantime, 78% of end-users were believed that, India and China will be mostly affected countries if the export duty introduced for Indonesian coal. Only 14 percent of end-users believed Indonesia will be the affected country and not China and India.
The polling is still open for voting and will be closed on 29 April 2012.
Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fall by 6.43 percent, the lowest dropped in last 16 Months.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for April 2012 at US$ 105.61 per ton, US$ 7.26 lower than March 2012 Price.
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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Friday, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...
Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000 Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...
Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy
The market remained variable.
Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...
Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...
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Showing 4726 to 4730 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
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