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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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Saturday, 07 December 13
A RARE TIME IN RECENT SHIPPING MARKET HISTORY: BOTH DRY BULK AND VLCC TANKER EARNINGS ARE ON THE RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Around this time of year, back in 2008, i.e. five years ago, the shipping markets were plagued with the aftermath of the global financial crisis tha ...
Friday, 06 December 13
INDONESIAN PARLIAMENT REJECTED A GOVERNMENT PROPOSAL TO EASE THE BAN ON EXPORTING UNPROCESSED ORE
COALspot.com: Indonesian House of Representatives rejected a proposal from Energy and Mineral Resources Minister Jero Wacik on to ease the ban on ex ...
Friday, 06 December 13
THE MINISTRY OF ENERGY & MINERAL RESOURCES OF INDONESIA FIXED DEC'13 HBA AT US$ 80.31
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 2.18 / MT ...
Friday, 06 December 13
US PRODUCED APPROXIMATELY 82.8 MILLION SHORT TONS OF COAL IN NOVEMBER 2013
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...
Friday, 06 December 13
PANAMAXES HAVE BEEN THE ' WEAPON OF CHOICE' BY MOST DRY BULK SHIP OWNERS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Low ship prices, the direct consequence of subdued freight rates for the larger part of 2013 have been the main driving force behind this year's ag ...
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- White Energy Company Limited
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- The University of Queensland
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Australian Coal Association
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
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