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Friday, 27 December 13
INDONESIA SHIPPED 15.75 PERCENT MORE COAL IN NOVEMBER
 COALspot.com: Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $2* billion worth of coal in November. According to our sources, the average export price of coal in November was around US$ 55.03* per mt or around 1.62 percent lesser than Octobers' average selling price of US$ 55.94*. In the meantime, Octobers' average selling price of coal was around 0.92% lesser than Septembers' average selling price.
Country's November export volume rose by 15.75% and the revenue was also inclined compared Indonesia's October coal export revenue. In spite of lower average selling price, the Indonesian coal exports revenue increased by 13.86*% to US$ 2* billion in November compare to around US$ 1.76* billion in October.
Indonesia shipped around 36.45* million tons of coal in November up 15.75 per cent compared to country's October exports of 31.49* 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 13.62* million tons of coal in November or around 48.52*% higher than China's coal imports from Indonesia in October.
In the meantime, Indias' coal imports from Indonesian in November rose slightly to 9.16* million tons. Indonesia shipped around 8.44* million tons of coal to India in October.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2. China again become largest Indonesian coal buyer for second half of this year. India and China are the main coal importers of coal from Indonesia in last few years and Indonesia coal out puts are almost depends on Chinese and Indian imports. Around 62.51*% (55.94*% in October) of total Indonesian coal exports in November goes India and China.
Indonesia shipped 8.45 per cent more coal to India in November compared to country's October exports of 8.44* million tons. Indonesia exports mostly low calorific value coal to India.
Low calorific value power plant coal of Indonesian origin is still dominating Indian market compare to Chinese market". India used to buy 3800 – 4200 GAR coal from Indonesia and high calorific value cal from S/A. 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 83.21*% of the county's total thermal coal exports in November shipped to China, India, South Korea, Japan & Taiwan.
Indonesia shipped 9.17* & 13.62* million tons of coal to China in October & November 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 December delivery was slightly higher than November' 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 December up 2.79% per cent month on month and down 1.76% year on year.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for December 2013 delivery at US$ 80.31 per ton (basis 6322 GAR coal), which was US$ 2.18 higher than November 2013 price or US$ 1.44 lower compared to the same period in 2012. The bench mark price for coal for January loading is expected to be released by Director General of Mineral and Coal first week of January 2014.
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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- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- The University of Queensland
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Eastern Coal Council - USA
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