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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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Wednesday, 01 January 14
DRY BULK CARRIER OWNERS ANTICIPATING AN EVEN STRONGER 2014 YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
To begin with, The Hellenic Shipping News Worldwide team would like to wish you all a Happy and Prosperous 2014! We begin the New Year with our firs ...
Tuesday, 31 December 13
INDONESIA'S COAL PRODUCTION COULD HIT 450 MMT IN 2014 - ICMA
COALspot.com: Indonesia, the fourth largest coal producer and largest coal exporter in the world, to increase coal output in year 2014 instead of th ...
Tuesday, 31 December 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.5 million short tons (mmst) of coal in ...
Tuesday, 31 December 13
MORE THAN $21 BILLION INVESTED IN SECOND HAND SHIP PURCHASES IN 2013
One thing that was apparent in the sale and purchasing markets during 2013 was the ship owners' larger appetite for vessel acquisitions, as most so ...
Monday, 30 December 13
INDONESIAN COAL TO BE PART OF INDEX DETERMINING POWER TARIFFS - BUSINESS STANDARD
In a significant move, power sector regulator CERC has decided to provide 50 per cent weightage for Indonesian coal in the benchmark index that is u ...
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- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Bhatia International Limited - India
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