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