We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 26 September 13
DRY BULK MARKET KEEPS ON RALLYING ON THE BACK OF HIGH CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept its momentum over the course of the past week, on the back of increased demand for Capesizes and an improvement of mark ...
Wednesday, 25 September 13
RBCT'S COAL EXPORT DECLINES IN AUGUST
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest coal export terminal in South African as well as in the world has shipped 16. ...
Wednesday, 25 September 13
CAPES TOUCHING RATES NO ONE BELIEVED COULD BE ACHIEVED IN 2013 - INTERMODAL
Chartering (Wet: Stable- / Dry: Firm+ )
The Dry Bulk market is the gift that keeps on giving these days. With rates for Capes touching numbers ...
Wednesday, 25 September 13
IS IT TIME AGAIN TO SUPERSIZE AGAIN? - GEORGE LAZARIDIS
After an early arrival of the seasonal rally in the Capesize market, things look to be on the upbeat for these dry bulk giants. With the Index reach ...
Monday, 23 September 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 3 PERCENT LESS COAL WEEK ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 3 per cent week on week to 2.92 million mt for t ...
|
|
|
Showing 4101 to 4105 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Parliament of New Zealand
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- The University of Queensland
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
|
| |
| |
|
