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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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Wednesday, 13 November 13
THE SOFTENING HAS AFFECTED THE BIGGER SIZE SEGMENTS; SMALLER ONES STILL APPEAR TO BE VERY STABLE - INTERMODAL
After a month and a half of back to back weekly declines, the dry bulk market has finally reversed its negative course. We believe that there should ...
Wednesday, 13 November 13
DRY BULK MARKET HAS REVERSED ITS NEGATIVE COURSE - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable+ )
The Dry Bulk market has reversed its negative course this past week with rates for Capes making up fo ...
Wednesday, 13 November 13
NEWCASTLE COAL EXPORTS PLUNGE 12.40% IN W/E 10 NOVEMBER FROM THE PRIOR WEEK
COALspot.com: In the week ended November 11, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.42 ...
Monday, 11 November 13
TAMIL NADU STATE OWNED POWER GENERATOR TO IMPORT 3.7 MMT OF 6000 GAD COAL
COALspot.com - TANGEDCO, Tamil Nadu Generation & Distribution Corporation Ltd, Tamil Nadu state owned power generator & distributor intends ...
Sunday, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index.
The BDI was up by 56 points closing at 158 ...
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- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Planning Commission, India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
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