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Monday, 01 July 13
INDIA AND CHINA STILL DOMINATING THE INDONESIAN THERMAL COAL EXPORT MARKET
 COALspot.com: Indonesia, the world's largest multi types coal exporter shipped 35.83* million tons of coal in May 2013, 1.40 per cent lesser than April exports. The May exports are still a significant quantity during this hard time for coal exporters.
According to the available information from coal exporters as well as various other sources, the India, the world’s third largest coal producer and net coal importer was the largest importer of Indonesian coal in May 2013, followed by China. India also imported more coal in April from Indonesia compared to China’s imports.
The China has dominated Indonesian coal imports in first quarter but lost to India in Q2.
India’s coal imports from Indonesia in May 2013, has lost 4.36 percent compared to April imports of 12.37* million tons. India imported 11.83* million tons of Indonesian coal in May. The India imports mostly low calorific value coal from Indonesia in May 2013. Low calorific value power plant coal of Indonesian origin is still dominating Indian market. Indian coal importers, particularly traders are importing Indonesian ultra-low calorific coal for blending purpose with South African and American high calorific value coal.
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According to a coal supplier from Sumatera Island, low coal prices' as well low sea freights are encouraging Indian and Chinese buyers to keep an eye on Indonesian coal for last few months. This trend is expecting to continue next year unless the China executes their plan to ban low GCV / high sulphur coal.
Indonesia shipped 10.13* and 10.49* million tons of coal to China in April and May 2013 respectively. China’s Indonesia's coal imports in May slightly or marginally higher than its April imports.
Indonesian 4200 GAR coal is in high demand compared with other types of low calorific value coal.
83.15* percent of total Indonesian coal exports in May shipped to top five traditional Indonesian coal buyers such as India, China, Japan, South Korea and Taiwan.
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Indonesian coal market was almost flat last few days. No major corrections seen in coal prices. However, Bloomberg reported that, the coal prices in Asia are showing little sign of recovery after the biggest quarterly decline in a year amid subdued demand and increasing supply from Australia and Indonesia, the world’s largest exporters.
Indonesia’s May’ 13 coal exports were 1.40 * percent lower than April exports of 36.34 million tons. 62.32* percent of Indonesia’s total coal exports in May burned in India (33.02%*) and China (29.30%*).
Indonesian coal exports to India and China have increased significantly for last few years due to high demands from those two countries. The current Indian coal production is not able to support the high demand of coal and the Coal India, world’s largest coal miner is now planning to import coal from overseas to fill the gap between the supply and demand. India imported 43% more of the fuel than a year ago on increased demand from power stations and steelmakers, according to shipping data, the live Mint reported on 27 June.
India, where 59% of electricity generation is coal-fired, added 1,570 megawatts of thermal power in May to boost its total installed capacity to 225,133 megawatts, according to the Central Electricity Authority, the Economic Times reported on 24 June.
Indonesian small-scale low calorific value coal production and export highly depend China and India. However big scale producers are saying that, they are not just depended on India and China for their exports. “We are not depended on India or China for our coal exports. Part of our export quantity is allocated for India and China to keep our share in those fast-growing countries” said a coal producer from East Kalimantan. “We manage our risk by diversifying our marketing strategy fairly between the coal consuming countries, including and China and India,” he said.
The Indonesian government is studying a proposal to increase royalty as well as introduce an export tax for coal next year. In the meantime, China has drafted a regulation to ban low GCV and high sulphur coal on environment grounds. The coal industry in Indonesia may face another correction if both governments are serious on their own plans.
According to Indonesian mining law 4/2009, all coal miners in Indonesia to require to follow government declared coal prices (HBA) when they conclude a coal sale and purchase contract with their buyers.
The Director General of Mineral and Coal’s declared the minimum selling price for Indonesian coal for June delivery was slightly lower than May's price.
The reference price is to be used by coal producers for all spot and term contracts. This coal benchmark price is stated as using a formula based on the index average of ICI-1 (Indonesia Coal Index), Platts-5900, Newcastle Export Index, and global Coal Index. The assessment basis of the coal price reference was calculated considering coal with GCV 6,322kcal/kg (GAR), Total Moisture (AR) 8.00%, Total Sulphur 0.8% (AR), Ash Content 15% (AR) and delivery Free on Board (FOB) Vessel basis.
The government declared HBA for June has fell 0.54% percent on month and 12.19% on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for June 2013 at US$ 84.87 per ton (basis 6322 GAR coal), which is US cent 46 lesser than May 2013 price and US$ 11.78 lower compared to the same period in 2012.
Coal industry had a hard time since 3rd quarter of 2012 and it is expected to continue at least until 4th Quarter of this year or early next year.
*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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Sunday, 07 July 13
COAL PRICES REMAIN UNDER PRESSURE
COALspot.com – Coal swaps for the year 2014 indicate that, the pressure on coal prices will continue at least until next year. Ave ...
Friday, 05 July 13
THE DRY BULK MARKET IS GOING FROM STRENGTH TO STRENGTH - INTERMODAL
The Capesize sector has been one that has gone through a wild rollercoaster of emotions this past decade, ranging from the exuberance witnessed duri ...
Thursday, 04 July 13
CHALLENGER SIGNS FORMAL EXCLUSIVE MINING AND MARKETING AGREEMENT FOR ABBR PROJECT IN CENTRAL KALIMANTAN
COALspot.com - Challenger Deep Resources Corp., through its subsidiary PT Bestindo Energy has signed the formal exclusive Mining and Marketing agree ...
Thursday, 04 July 13
ASX LISTED QBL TO ACQUIRE INTERESTS IN MOZAMBIQUE COAL EXPLORATION LICENSES
- QBL to acquire interests in two Mozambique exploration licences prospective for coal
- Licenses located in the highly prospective Zambezi basin, ...
Thursday, 04 July 13
HANDY : INDO/CHINA, CHARTERERS RATING AROUND US$ 10,000 - FEARNLEYS AS
Handy
The Feast market firmed slightly up as mid-July cargos entered the market, but charterers seems not in hurry to cover them and looking for ch ...
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- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
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- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
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