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Thursday, 06 February 14
THE WORLD LARGEST COAL EXPORTER SHIPPED AROUND 35.90 MMT OF COAL IN DECEMBER 2013
 COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $2* billion worth of coal in December 2013. According to our sources, the average export price of coal in December was around US$ 55.03* per mt or around 1.32 percent higher than November average selling price of US$ 55.03*. In the meantime, November' average selling price of coal was around 1.62% lesser than October' average selling price.
Country's December 2013 export volume fell 1.52% and the revenue was also declined slightly compared Indonesia's November coal export revenue.
Indonesia shipped around 35.90* million tons of coal in December, 1.52% per cent lesser compared to country's November 2013 exports of 36.45* 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 14.36* million tons of coal in December or around 5.43*% higher than China's coal imports from Indonesia in November.
In the meantime, India's coal imports from Indonesian in December dropped significantly to 8* million tons or 12.66% lesser than its November Import. Indonesia shipped around 9.16* million tons of coal in November 2013 to India.
According to Indonesian coal exports statistics, the China has dominated Indonesian coal imports in first quarter but almost lost to India in Q2. However, China has again becomes largest Indonesian coal buyer for second half of 2013. India and China is the main coal importers of coal from Indonesia in last few years and Indonesian coal out puts are almost depends on Chinese and Indian imports. Around 62.32*% (62.51*% in November) of total Indonesian coal exports in December goes India and China.
Indonesia shipped 12.66 per cent less coal to India in December compared to country's November exports of 9.16* million tons. Indonesia exports mostly low calorific value coal to India. Indian buyers used to buy below 5000 GAR coal particularly 4200 and 3800 GAR coal from Indonesia.
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 coal from S/A. Indian coal importers, particularly traders are importing Indonesian ultra-low calorific coal particularly from Sumatra and North Kalimantan for blending purpose with South African high calorific value coal, said a coal importer familiar with Indonesian and S/A coal.
International markets have traditionally been the principle destination for Indonesian thermal coal, with around 85.86*% (83.21*% in November) of the county's total thermal coal exports in December shipped to China, India, South Korea, Japan & Taiwan.
Indonesia shipped 13.62* & 14.36* million tons of coal to China in November & December 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 either on spot or terms.
The Director General of Mineral and Coal’s declared the minimum selling price for Indonesian coal for January 2014 delivery was slightly higher than December 2013 declared 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 January 2014 up 1.98% per cent month on month but down 6.45% year on year (January 2013).
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for January 2014 delivery at US$ 81.90 per ton (basis 6322 GAR coal), which is US$ 1.59 higher than December 2013 price or US$ 5.65 lower compared to the same period in 2013. The bench mark price for coal for February 2014 delivery 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 South, East and North Kalimantan as well as Sumatera Island.
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. Average selling price mentioned here is average selling price of from ultra low calorific coal to bituminous coal(cs)
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Tuesday, 04 March 14
AUSTRALIA'S NPC TO SHIP 11.85 MMT OF COAL IN MARCH
COALspot.com: In the week ended 3 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 3.15 m ...
Tuesday, 04 March 14
HIGHER PRICES AND STEADY FREIGHT RATES LEAD SHIP OWNERS TO TEMPORARILY HALT SECOND HAND VESSEL PURCHASES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the dry bulk market has kept on improving, but at a very slow rate, ship owners have elected to take a step back from the flurry of the S&P m ...
Monday, 03 March 14
SUB-BIT INDONESIA COAL SWAP (FOB) FOR AVERAGE Q115 CLOSED AT $60.28, $ 1.70 HIGHER THAN 2Q14
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 slightly corrected do ...
Monday, 03 March 14
API 8 CFR SOUTH CHINA SWAPS: Q4' 2014 DELIVERY CLOSED US$ 1.40 HIGHER COMPARED TO Q2' 2014 DELIVERY
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.90 percent month on month and closed at US$ 76.27 per mt as on Fr ...
Monday, 03 March 14
COSTS LIABILITY PASSING DOWN A CHARTERPARTY CHAIN - SKULD
KNOWLEDGE TO ELEVATE
Provided that charterparties are on back to back terms, and the claim is successful, liability for costs incurred shoul ...
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- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
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