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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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Thursday, 12 September 13
PANAMAX : PACIFIC ROUNDS ARE NOW REPORTED BETWEEN USD 13K AND 15K PER DAY - FEARNRESEARCH
Handy
Nickel ore is a key support SE Asia/Feast rate at the moment; vessel in N.China were fixed around USD 11-12k, ships in mid China can expect a ...
Thursday, 12 September 13
CAPESIZE MARKET WILL BECOME EVEN TIGHTER - JEFFREY LANDSBERG
COALspot.com : While it is no secret that current capesize availability has become tight and has caused capesize rates to surge, availability is set ...
Thursday, 12 September 13
OVER THE WORST? WE MIGHT FIND OUT THIS WEEK - BIMCO
The shipping market has a spring in its step, even as summer draws to a close. There is it seems, confidence that finally, we are emerging into the ...
Thursday, 12 September 13
DRY BULK MARKET RALLY COMES AT A GOOD TIME FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of the dry bulk market has helped offset other lingering factors, which otherwise, could have plunged freight rates to new lows. Fo ...
Wednesday, 11 September 13
ASIA - PACIFIC THERMAL COAL MARKET TO REMAIN OVERSUPPLIED IN NEXT 12 MONTHS - FITCH RATINGS
COALspot.com: Fitch Ratings says the Asia-Pacific thermal coal market will remain oversupplied in the next 12 months because strong production has b ...
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- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Economic Council, Georgia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
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