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Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons in March 2012. The April coal exports up by 3.98 percent from March exports.
China was the largest importer again last month, followed by India. China has imported 10.994* million tons of Indonesian coal, in the meantime India's imports have reached to 7.63* million tons from Indonesia.
Indonesia's coal exports to China has increased by 12.60* percent in April to 10.99* million tons and to India increased by 8.53* percent. Indian utilities have imported 7.63* million tons in April, compared to 7.03* million tons in March 2012.
82.95* percent of total Indonesian coal exports in April goes to top five traditional coal importers of Indonesian coal such as China, India, South Korea, Taiwan And Japan.
“Inquiries from India and China are still in the market, but the conclusions rates are lower than inquiries" said an international coal trader who is operating out of Indonesia and Singapore. The FOB bids 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 below US$ 70 last week, while the 5,800 kcal/kg GAR coal is around US$ 85-87/mt, an another trader said.
Indonesia is in process to issue a regulation to (re) introduce duty on coal export. However the exact percentage of duty or when the regulation will be issued is unknown to market.
Indonesia is also considering to introduce production restriction instead of export duty, a person who is familiar to Indonesian mining industry said. The government has already introduced export duty on un processed mineral products since early this month.
"Coal export duty could affect price competition of Indonesian coal and also coal producers future earnings”, said a coal player from India.
However another trader cum coal exporter said, “Coal demand in Asia, principally Japan, China and India remains strong. Hence the market will absorb a minor export duty on coal”.
However the current coal market condition may not support Indonesian coal industry to face any new regulation related to export duty. If the government introduce coal export duty at this moment, it will support south and north American coal industry as well as Russian coal producers who are currently active in Asian Market due to lower sea freight advantage as well as less coal demand in Europe and America. American cheaper shale gas prices are also pushing American coal producers to export more coal in to Asian market.
Indonesian HBA also fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in May fell 3.30 percent M-o-M.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for May 2012 at US$ 102.12 per ton, US$ 3.49 lower than April 2012 Price and US$ 15.49 lower than the same period in 2011.
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, 08 June 12
MINISTER DENIES COAL EXPORT TAX PLAN, ENDORSES RESTRICTIONS - THE JAKARTA POST
The Jakarta post, one of the leading english news paper in Indonesia reported that, Energy and Mineral Resources Minister Jero Wacik has denied that ...
Friday, 08 June 12
NO IMMEDIATE IMPACT ON ADARO'S RATING FROM BEP TRANSACTION - FITCH RATINGS
Fitch Ratings has said that PT Adaro Indonesia's (Adaro, 'BB+'/ Stable) ratings are not immediately affected by its parent PT Adaro Energy Tbk's ...
Thursday, 07 June 12
DRY BULK MARKET FALLS FOR 10 STRAIGHT SESSION ON OVERSUPPLY PROBLEMS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A resurgence of oversupply, coupled with national holidays in various parts of the world has contributed to yet another fall of the dry bulk market ...
Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post ...
Thursday, 07 June 12
BY 2022 PLN IS EXPECTED TO BURN AROUND 125 MILLION TONS OF COAL
COALspot.com - Indonesia's state owned electricity company's (PLN) coal consumption is expected to reach 125.7 million tons by 2012.
Nur Pamudj ...
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Showing 4701 to 4705 news of total 6871 |
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- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- The University of Queensland
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Australian Coal Association
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
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