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Wednesday, 04 December 13
INDONESIAN COAL EXPORTS VOLUME AND REVENUE IN OCTOBER MARCHED TOWARDS NORTH
 COALspot.com: Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $1.76* billion worth of coal in October. According to our sources, the average export price of coal in October was around US$ 55.94* per mt or around 0.90 percent lesser than Septembers' average selling price of US$ 56.46*. In the meantime, Octobers' average selling price of coal was around 2.94% lesser than Augusts' average selling price.
Country's October export volume rose by 2.46% and the revenue was also inclined compared Indonesia's September coal export revenue. In spite of lower average selling price, the Indonesian coal exports revenue up by 1.73*% to US$ 1.76* billion in October to compare to around US$ 1.73* billion in September.
Indonesia shipped around 31.49* million tons of coal in October up 2.46 per cent compared to country's September exports of 30.73* million tons.
According to available information that we obtained from various sources, China, the world’s largest coal producer and the net importer of coal has imported around 9.17* million tons of coal in October or around 16.81% higher than China's coal imports from Indonesia in September.
In the meantime, Indias' coal imports from Indonesian in October rose slightly to 8.44* million tons. Indonesia shipped around 8.42* million tons of coal to India in September.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2. India and China are the main coal importers of Indonesian coal in last few years. Around 55.94*% (52.97*% in September) of total Indonesian coal exports in October burned in India and China.
Indonesia shipped 0.23 per cent more coal to India in October compared to country's September exports of 8.42* million tons. India imports are from mostly low calorific value coal from Indonesia, a trader familiar with Indian coal exports says.
"Low calorific value power plant coal of Indonesian origin is still dominating Indian market compare to Chinese market", said a coal exporter from Sumatra Island of Indonesia. 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 around 82.01*% (79.14*% in September) of the county's total thermal coal exports in October shipped to China, India, South Korea, Japan & Taiwan.
Indonesia shipped 7.85* & 9.17* million tons of coal to China in September & October 2013 respectively.
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.
Indonesian Coal Price Reference
According to the 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 November delivery was slightly higher than October' 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 November up 1.98% per cent month on month and down 4.06% year on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for November 2013 delivery at US$ 78.13 per ton (basis 6322 GAR coal), which was US$ 1.52 higher than October 2013 price or US$ 3.31 lower compared to the same period in 2012. The bench mark price for coal for December loading is expected to be released by Director General of Mineral and Coal any time this week.
Royalty Increase; Export Duty
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 mines and 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.* All figures (volume, revenue and price) are subject to verification (cs)
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Monday, 03 February 14
SUB-BIT INDONESIA COAL SWAP GAINED WEEK ON WEEK
COALspot.com – Swaps prices gained for thermal coal loading from Indonesia, the world’s largest exporter of the fuel, according SGX.
...
Monday, 03 February 14
API 8 CFR SOUTH CHINA COAL SWAP CONTRACTS FALL
COALspot.com: API 8 CFR South China Coal swaps for average Q1 14 delivery lost 4.71 percent month on month and closed at US$ 78.87 per mt as on Frid ...
Monday, 03 February 14
COAL FREIGHT RATES REMAIN UNDER PRESSURE
COALspot.com: The BDI is fell 50 pct over last one month which seems to be one of the lowest fall in last few years.
The BDI was down by 11 ...
Friday, 31 January 14
U.S. COAL PRODUCTION TOTALED APPROXIMATELY 19.2 MMST W-O-W
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.2 million short tons (mmst) of coal in ...
Friday, 31 January 14
DRY BULK MARKET STILL ON A FALL, EXPECTED TO WORSEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is definitely in the doldrums since the start of the year, in what could only be described as a "lost" month for indus ...
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- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
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