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Thursday, 03 October 13
INDONESIA AUGUST COAL EXPORTS FALL 12.90 % FROM JULY TO 30.71 MIL MT
 COALspot.com: Indonesia, the 15th largest economy in world, 4th largest coal producer in world and world's largest multi grade coal exporter shipped over $1.77* billion worth of coal in August. According to our sources, the average export price of coal in August was around US$ 57.64* per mt.
Indonesian coal exports fell 12.90 per cent to 30.71* million tons in August compared to country's July exports of 35.26* million tons.
According to the information that we obtained from various sources, China, the world’s largest coal producer and the net coal importer again imported more coal from Indonesia compared to India. Indonesia shipped 8.89* million tons of coal to China in August 2013. India, another Indonesian largest coal importer and world's third largest coal producer imported 8.41* millions tons of coal for the same period.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2.
Indonesia shipped 22.67 per cent less coal to India in August compared to country's July exports of 10.88* million tons. India imported mostly low calorific value coal from Indonesia in August 2013. Low calorific value power plant coal of Indonesian origin is still dominating Indian market compare to Chinese 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.
International markets have traditionally been the principle destination for Indonesian thermal coal, with more than 79.95% of the county's total thermal coal exports in August, shipped to China, India, South Korea, Taiwan & Japan.
Indonesia shipped 9.86* and 8.89* million tons of coal to China in July and August 2013 respectively.
"Indonesian 4200 and 4500 GAR coals are still in high demand compared to other grades of low calorific value coal. But the bids from Indian buyers are not attractive to us", said a coal trader from Sumatera. Due to Indian rupee depreciation, Indian buyers putting lower bids compare to few months ago, he continues.
Indonesia's export thermal coals are bituminous to sub-bituminous in rank with widely varying ash, moisture and sulphur characteristics. In Indonesia, coals with as-received heat contents in excess of 5300 kcal/kg (gar) are generally classified as bituminous coals while coals with as-received heat contents of 4100 to 5300 kcal/kg (gar) are classified as sub-bituminous coals and below 4100 kcal/kg (gar) coals are classified as sub-bituminous "C" grade.
According to Indonesian mining law 4/2009, all coal miners in Indonesia to require to follows the 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 September delivery was slightly higher than Augusts' price. The HBA for October delivery is expected any time this week.
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 September has up 0.25% per cent month on month. HBA fell 10.81% year on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for September 2013 delivery at US$ 76.89 per ton (basis 6322 GAR coal), which is US$ 0.19 higher than August 2013 price and US$ 9.32 lower compared to the same period in 2012.
According to available information, the Indonesian government is studying a proposal to increase royalty on coal as well as to introduce an export duty for coal next year. Government is also studying another proposal to restrict coal loading ports in Indonesia to implement better monitoring system to eliminate illegal mining. Indonesia is having hundred of barge loading ports and anchorage coal loading point support coal loading in Kalimantan as well as Sumatera.
Indonesian leading coal miners are operating world class coal loading terminals in Kalimantan and Sumatera.
**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 does not accept any responsibility or liability for any damage or loss caused to any person as a result of any action taken on the basis of this information.
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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Monday, 07 October 13
SGX - CFR SOUTH CHINA COAL SWAPS END ALMOST FLAT
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
Monday, 07 October 13
Q3'14 SUB-BIT FOB INDONESIA COAL SWAP CLOSED 6.53% HIGHER THAN Q4'13
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery gained 0.53 % on day and fell 2.33 percept month on month ...
Sunday, 06 October 13
DRY BULK FREIGHT MARKET STAYS STEADY IN SPITE CHINESE HOLIDAYS - SOLYM CARRIERS SINGAPORE
COALspot.com: The freight market continued to remain firm in spite of Chinese holidays.
The BDI closed at 2,084 points on Friday 4 October or up ...
Saturday, 05 October 13
CAPESIZE EARNINGS SKYROCKET AS A RESULT OF INCREASED CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
An increased iron ore demand has triggered this latest dry bulk rally, which could get yet another boost during next week, when China is expected to ...
Friday, 04 October 13
NICKEL ORE SHIPMENTS - LESSONS LEARNED FROM LOSSES
One of the most pressing problems for the bulk shipping industry is the safe carriage of nickel ore. The increasing demand for this commodity is fue ...
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- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- PTC India Limited - India
- The University of Queensland
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
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