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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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Tuesday, 21 January 14
PORT OF NEWCASTLE SHIPPED SLIGHTLY MORE COAL WEEK ON WEEK
COALspot.com: In the week ended 20 January 14, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2. ...
Monday, 20 January 14
SUB-BIT INDONESIA COAL SWAP SEEN LOWER IN 2ND HALF OF 2014
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 0.78 pmt month on month on Friday 17 January 2014. T ...
Monday, 20 January 14
THE CFR SOUTH CHINA COAL MARKET APPEARS TO HAVE LOST DIRECTION
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 4.25 percept month on month and closed at US$ 79.48 per mt as ...
Sunday, 19 January 14
FREIGHT MARKETS SEE CONTINUED WEAK PERFORMANCE
COALspot.com: The market has continued to soften particularly in the far East/SE Asia sector.
The BDI was down 6 pct week on week, the index was ...
Friday, 17 January 14
US COAL PRODUCTION DOWN WEEK ON WEEK: EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.3 million short tons (mmst) of co ...
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- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- CNBM International Corporation - China
- The University of Queensland
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Planning Commission, India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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