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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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Friday, 20 December 13
US PRODUCED 2.71% MORE COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal in ...
Friday, 20 December 13
DRY BULK MARKET SLUMPS AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As has been the case in recent years, the dry bulk market has been on a downward trend ahead of the Holiday Season for a large part of the world. Th ...
Thursday, 19 December 13
SHIPPING CONFIDENCE HITS THREE-YEAR HIGH - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 201 ...
Wednesday, 18 December 13
SNP ACTIVITY IN CHINA SEEMS TO BE SLOWING DOWN - CHRISTOS TRAGEAS
Approaching the end of the year, SnP activity in China seems to be slowing down in comparison to the first half of this quarter, as most Chinese Shi ...
Wednesday, 18 December 13
DEMOLITION ACTIVITY SCALED BACK AS FREIGHT RATES RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's always been the case that each time we witness a spike in freight rates, demolition activity is decreasing, as owners are looking for more car ...
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- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- PTC India Limited - India
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
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