COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...


Monday, 23 April 12
ALTURA ENTERS INTO AGREEMENT TO ACQUIRE 2 COAL PROJECTS IN SOUTH KALIMANTAN
COALspot.com - Altura Mining Limited (ASX: AJM) has announced that it has entered into an agreement to acquire a further two (2) Mining Permits (IUP ...


Sunday, 22 April 12
THE FREIGHT MARKET EXPECTED TO REMAIN FIRM NEXT WEEK - VISTAAR
COALspot.com - The BDI has broken the psychological barrier of 1000 points and closed at 1067 points. The cape index was slightly down by 2.48 pc ...


Saturday, 21 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP 2.61 PERCENT THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps fell for a fifth day, according to DSP of SGX AsiaClear OTC Coal Swaps. CFR South China Coal ...


Friday, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...


   950 951 952 953 954   
Showing 4756 to 4760 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Semirara Mining and Power Corporation, Philippines
  • Maersk Broker
  • Parliament of New Zealand
  • Indonesia Power. PT
  • Lanco Infratech Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • McConnell Dowell - Australia
  • Merrill Lynch Bank
  • Dalmia Cement Bharat India
  • Gresik Semen - Indonesia
  • Tanito Harum - Indonesia
  • CCIC - Indonesia
  • Sakthi Sugars Limited - India
  • Madhucon Powers Ltd - India
  • Indonesian Coal Mining Association
  • Bank of America
  • TeaM Sual Corporation - Philippines
  • Jindal Steel & Power Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Power Finance Corporation Ltd., India
  • Oldendorff Carriers - Singapore
  • San Jose City I Power Corp, Philippines
  • The University of Queensland
  • Goldman Sachs - Singapore
  • Makarim & Taira - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Cosco
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Port Waratah Coal Services - Australia
  • KPCL - India
  • Riau Bara Harum - Indonesia
  • Shenhua Group - China
  • Medco Energi Mining Internasional
  • The India Cements Ltd
  • GAC Shipping (India) Pvt Ltd
  • Bangkok Bank PCL
  • Billiton Holdings Pty Ltd - Australia
  • Orica Australia Pty. Ltd.
  • Inco-Indonesia
  • Coal India Limited
  • ANZ Bank - Australia
  • Coal Orbis AG
  • SRK Consulting
  • Aditya Birla Group - India
  • CNBM International Corporation - China
  • SGS (Thailand) Limited
  • Economic Council, Georgia
  • Petrochimia International Co. Ltd.- Taiwan
  • Chamber of Mines of South Africa
  • Agrawal Coal Company - India
  • Straits Asia Resources Limited - Singapore
  • Price Waterhouse Coopers - Russia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Geoservices-GeoAssay Lab
  • London Commodity Brokers - England
  • Asian Development Bank
  • bp singapore
  • VISA Power Limited - India
  • Standard Chartered Bank - UAE
  • Idemitsu - Japan
  • PetroVietnam Power Coal Import and Supply Company
  • Inspectorate - India
  • Mitsui
  • IHS Mccloskey Coal Group - USA
  • Altura Mining Limited, Indonesia
  • IMC Shipping - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indika Energy - Indonesia
  • ETA - Dubai
  • Electricity Authority, New Zealand
  • Antam Resourcindo - Indonesia
  • SMG Consultants - Indonesia
  • European Bulk Services B.V. - Netherlands
  • World Bank
  • Grasim Industreis Ltd - India
  • Permata Bank - Indonesia
  • Adaro Indonesia
  • Core Mineral Indonesia
  • Enel Italy
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Global Business Power Corporation, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bharathi Cement Corporation - India
  • Leighton Contractors Pty Ltd - Australia
  • Tata Power - India
  • Cement Manufacturers Association - India
  • Ernst & Young Pvt. Ltd.
  • Mercuria Energy - Indonesia
  • PLN Batubara - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Aboitiz Power Corporation - Philippines
  • GMR Energy Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Pinang Coal Indonesia
  • Samtan Co., Ltd - South Korea
  • Coeclerici Indonesia
  • White Energy Company Limited
  • Heidelberg Cement - Germany
  • Ceylon Electricity Board - Sri Lanka
  • Eastern Coal Council - USA
  • Energy Link Ltd, New Zealand
  • Barclays Capital - USA
  • Bukit Baiduri Energy - Indonesia
  • Wood Mackenzie - Singapore
  • globalCOAL - UK
  • India Bulls Power Limited - India
  • Trasteel International SA, Italy
  • Tata Chemicals Ltd - India
  • Peabody Energy - USA
  • Orica Mining Services - Indonesia
  • Intertek Mineral Services - Indonesia
  • Britmindo - Indonesia
  • Wilmar Investment Holdings
  • APGENCO India
  • Asia Cement - Taiwan
  • Mitra SK Pvt Ltd - India
  • RBS Sempra - UK
  • Vedanta Resources Plc - India
  • LBH Netherlands Bv - Netherlands
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kumho Petrochemical, South Korea
  • Global Green Power PLC Corporation, Philippines
  • Sojitz Corporation - Japan
  • Ind-Barath Power Infra Limited - India
  • Rio Tinto Coal - Australia
  • Indian School of Mines
  • Kideco Jaya Agung - Indonesia
  • GNFC Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Jaiprakash Power Ventures ltd
  • Energy Development Corp, Philippines
  • Siam City Cement PLC, Thailand
  • Posco Energy - South Korea
  • SASOL - South Africa
  • Shree Cement - India
  • Tamil Nadu electricity Board
  • KEPCO - South Korea
  • Independent Power Producers Association of India
  • Meralco Power Generation, Philippines
  • HSBC - Hong Kong
  • Sucofindo - Indonesia
  • Indian Oil Corporation Limited
  • Credit Suisse - India
  • PTC India Limited - India
  • Vale Mozambique
  • GVK Power & Infra Limited - India
  • Kobe Steel Ltd - Japan
  • Berau Coal - Indonesia
  • Savvy Resources Ltd - HongKong
  • UOB Asia (HK) Ltd
  • Malabar Cements Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Mjunction Services Limited - India
  • Central Java Power - Indonesia
  • Videocon Industries ltd - India
  • The Treasury - Australian Government
  • Arch Coal - USA
  • TANGEDCO India
  • Barasentosa Lestari - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Thomson Reuters GRC
  • Thriveni
  • Chettinad Cement Corporation Ltd - India
  • IEA Clean Coal Centre - UK
  • ACC Limited - India
  • Kobexindo Tractors - Indoneisa
  • Vizag Seaport Private Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Eastern Energy - Thailand
  • Thiess Contractors Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Larsen & Toubro Limited - India
  • Toyota Tsusho Corporation, Japan
  • Maruti Cements - India
  • Gujarat Sidhee Cement - India
  • JPower - Japan
  • Jatenergy - Australia
  • Mercator Lines Limited - India
  • Ministry of Transport, Egypt
  • Ince & co LLP
  • Australian Commodity Traders Exchange
  • Vitol - Bahrain
  • JPMorgan - India
  • Deloitte Consulting - India
  • IOL Indonesia
  • Minerals Council of Australia
  • Bhushan Steel Limited - India
  • Marubeni Corporation - India
  • Vijayanagar Sugar Pvt Ltd - India
  • DBS Bank - Singapore
  • Formosa Plastics Group - Taiwan
  • The State Trading Corporation of India Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Platts
  • Edison Trading Spa - Italy
  • Lafarge - France
  • UBS Singapore
  • NTPC Limited - India
  • Infraline Energy - India
  • Moodys - Singapore
  • TNPL - India
  • NALCO India
  • CESC Limited - India
  • Bank of China, Malaysia
  • Indorama - Singapore
  • Ministry of Mines - Canada
  • Sindya Power Generating Company Private Ltd
  • Rudhra Energy - India
  • KOWEPO - South Korea
  • Sinarmas Energy and Mining - Indonesia
  • Siam City Cement - Thailand
  • Semirara Mining Corp, Philippines
  • Baramulti Group, Indonesia
  • Essar Steel Hazira Ltd - India
  • Humpuss - Indonesia
  • Japan Coal Energy Center
  • Electricity Generating Authority of Thailand
  • Kohat Cement Company Ltd. - Pakistan
  • TNB Fuel Sdn Bhd - Malaysia
  • Global Coal Blending Company Limited - Australia
  • SN Aboitiz Power Inc, Philippines
  • Romanian Commodities Exchange
  • Jorong Barutama Greston.PT - Indonesia
  • BRS Brokers - Singapore
  • KPMG - USA
  • Maheswari Brothers Coal Limited - India
  • PetroVietnam
  • Bhoruka Overseas - Indonesia
  • J M Baxi & Co - India
  • Globalindo Alam Lestari - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • MEC Coal - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Cargill India Pvt Ltd
  • Xstrata Coal
  • Samsung - South Korea
  • GB Group - China
  • Neyveli Lignite Corporation Ltd, - India
  • Coaltrans Conferences
  • TRAFIGURA, South Korea
  • Planning Commission, India
  • MS Steel International - UAE
  • Reliance Power - India
  • SUEK AG - Indonesia
  • Thai Mozambique Logistica
  • Noble Europe Ltd - UK
  • Meenaskhi Energy Private Limited - India
  • Attock Cement Pakistan Limited
  • Sarangani Energy Corporation, Philippines
  • Therma Luzon, Inc, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Merrill Lynch Commodities Europe
  • BNP Paribas - Singapore
  • Petron Corporation, Philippines
  • Star Paper Mills Limited - India
  • PowerSource Philippines DevCo
  • Sical Logistics Limited - India
  • Indogreen Group - Indonesia
  • GHCL Limited - India
  • Bulk Trading Sa - Switzerland
  • Central Electricity Authority - India
  • IBC Asia (S) Pte Ltd
  • Runge Indonesia
  • PNOC Exploration Corporation - Philippines
  • Miang Besar Coal Terminal - Indonesia
  • Interocean Group of Companies - India
  • OCBC - Singapore
  • Uttam Galva Steels Limited - India
  • TGV SRAAC LIMITED, India
  • CIMB Investment Bank - Malaysia
  • Maybank - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • SMC Global Power, Philippines
  • Panama Canal Authority
  • Carbofer General Trading SA - India
  • CoalTek, United States
  • Banpu Public Company Limited - Thailand
  • Coastal Gujarat Power Limited - India
  • Russian Coal LLC
  • Bukit Makmur.PT - Indonesia
  • Singapore Mercantile Exchange
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mintek Dendrill Indonesia
  • Iligan Light & Power Inc, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Argus Media - Singapore
  • Fearnleys - India
  • Gujarat Mineral Development Corp Ltd - India
  • Arutmin Indonesia
  • ASAPP Information Group - India
  • McKinsey & Co - India
  • Coalindo Energy - Indonesia
  • Cebu Energy, Philippines
  • WorleyParsons
  • ING Bank NV - Singapore
  • Bangladesh Power Developement Board
  • Mechel - Russia
  • Binh Thuan Hamico - Vietnam
  • Anglo American - United Kingdom
  • Metalloyd Limited - United Kingdom
  • World Coal - UK
  • Surastha Cement
  • Thailand Anthracite
  • Platou - Singapore
  • Bhatia International Limited - India
  • U S Energy Resources
  • PLN - Indonesia
  • Cemex - Philippines
  • Parry Sugars Refinery, India
  • ICICI Bank Limited - India
  • Simpson Spence & Young - Indonesia
  • Qatrana Cement - Jordan
  • Clarksons - UK
  • EMO - The Netherlands
  • Krishnapatnam Port Company Ltd. - India
  • Thermax Limited - India
  • Coal and Oil Company - UAE
  • Africa Commodities Group - South Africa
  • Ambuja Cements Ltd - India
  • Ministry of Finance - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Glencore India Pvt. Ltd
  • Kartika Selabumi Mining - Indonesia
  • Australian Coal Association
  • Xindia Steels Limited - India
  • Indian Energy Exchange, India
  • Petrosea - Indonesia
  • EIA - United States
  • New Zealand Coal & Carbon
  • Cardiff University - UK
  • Indo Tambangraya Megah - Indonesia
  • Freeport Indonesia
  • Borneo Indobara - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Malco - India
  • Total Coal South Africa
  • Bayan Resources Tbk. - Indonesia
  • Deutsche Bank - India
  • Georgia Ports Authority, United States
  • Mitsubishi Corporation
  • Latin American Coal - Colombia
  • South Luzon Thermal Energy Corporation
  • Salva Resources Pvt Ltd - India
  • Adani Power Ltd - India
  • Gupta Coal India Ltd
  • Rashtriya Ispat Nigam Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Commonwealth Bank - Australia
  • Renaissance Capital - South Africa