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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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Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...
Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...
Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...
Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...
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 ...
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- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
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