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Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
 COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Minister of Indonesia Jero Wacik replied to a question related to China’s proposed import ban on low calorific value coal on the sidelines of the 19th CoalTrans Asia conference at the Bali International Convention Center in Nusa Dua, Bali. The minister further said, the government would increase coal exports to other countries, including India, look to new markets and encourage domestic consumption, if China imposes the ban on lower grader coal.
According to minister demand for coal is still high, and it will continue to be increases. The current low prices are just for temporary period, and the coal prices will increase again soon once world economy returns to its normal condition.
“Don’t avoid paying coal royalty to the government”, he requests coal producers to pay the royalty on time as per the government regulation.
China is reportedly considering to ban imports of lower calorific value coal because these types of coal create high pollution. China’s decision, if implemented, would hurt Indonesia’s low calorific value coal producers. In the meantime, it will be benefited for high calorific value producers. The Chinese coal buyers as well as Indonesian coal suppliers were saying, during 19th CoalTrans Asia conference, China is considering banning coal with calorific value below 3700 on NAR basis instead of previously 4540 NAR coal. However, some of the participants of coal conference are in an opinion that, the ban will not be implemented immediately.
In the meantime, the demand for 3800 GAR to 4200 GAR coal is still high and Indian buyers are looking for similar coal for Indian market.
“The demand is there, but the asking prices for 3800 GAR coal are very low”, said a coal producer. According to the producer, who is producing coal from central Kalimantan, the bids are around US$ 35 per MT fob vessel, which is far below than current offer prices.
In the meantime, a south Sumatra coal producer said, the price differences between their offers are bids that they are receiving is very narrow. “ The difference between our offer and bids are around US$ 0.50 to US$ 1 per ton” said the same producer who is producing around 100,000 tons of coal every month.
The immediate future of coal market direction is unpredictable at this moment. No stakeholder of coal industry is able to give a firm forecast neither on direction of coal market nor price.
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Sunday, 09 June 13
IRON ORE DEMAND: WEAK; COAL MOVEMENT: STEADY TO INDIA AND CHINA - CAPT. REDDY
COALspot.com - The freight market was fairly steady with BDI up by 0.37 per cent closed at 812 points this week.
The Cape index was also ended in ...
Friday, 07 June 13
MEDITERRANEAN COAL MARKETS
Press Release: 3rd International Conference Mediterranean Coal Markets will be held on 16-17th of September 2013, Istanbul, Turkey, Ceylan Intercont ...
Friday, 07 June 13
US'S COAL PRODUCTION INCREASED BY 0.54 PER CENT THE WEEK ENDED JUNE 1
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.60 million short tons (mmst) of ...
Thursday, 06 June 13
WE ARE SEEING SOME FRESH INDO COAL TO CHINA AND INDIA - FEARNRESEARCH
Handy
In the Atlantic, the Gulf remains firm for the next week with a few orders in the market. The Supramaxes are seeing around low 20k for fronth ...
Tuesday, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended 0700 hours 3 June 2013, Newcastle Port Corp. said ...
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- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Planning Commission, India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
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