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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, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
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Showing 4711 to 4715 news of total 6871 |
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- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Australian Coal Association
- The Treasury - Australian Government
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- PTC India Limited - India
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
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