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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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Thursday, 09 January 14
CAPESIZE: WEST AUSTRALIA FREIGHT IS NOW DOWN IN THE $8S AND STILL DROPPING - FEARNLEYS
Handy
In the Atlantic we see rates sliding slowly for the start of 2014. Several players cvrd over the holidays and the rate decline was som ...
Thursday, 09 January 14
THE SHIPPING MARKET IN 2013 AND LOOKING FORWARD GLOBAL ECONOMY: STEADY AS SHE GOES UPWARDS - BIMCO
Over the past year, developed economies have gained traction while developing and emerging economies have suffered from slower growth. Despite key e ...
Wednesday, 08 January 14
DRY BULK MARKET PROSPECTS LOOKING BRIGHTER DESPITE SLOW START TO THE NEW YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market's benchmark, the BDI has been on a fall since the start of 2014, ending yesterday's session down to 1,87 ...
Wednesday, 08 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS FALL
COALspot.com: In the week ended January 6, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.27 m ...
Wednesday, 08 January 14
THE DRY BULK MARKET HAS LOST SOME OF ITS STEAM THESE PAST COUPLE OF DAYS: INTERMODAL
Chartering (Wet: Softer- / Dry: Softer- )
The Dry Bulk market has lost some of its steam these past couple of days although hires, espe ...
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- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
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