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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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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 ...
Thursday, 30 January 14
JPU SETTLEMENT PRICE AS A BENCHMARK WILL DECLINE IN IMPORTANCE BUT REMAIN RELEVANT, SAYS WOOD MACKENZIE
JPU price will remain above spot, trending closer to spot till 2015 then increasing to 2035.
Japanese Power Utilities (JPU) are approaching a cru ...
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- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- The University of Queensland
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
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