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Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA


COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009  to China and 15.90 percent was shipped to India. South Korea, Japan and Taiwan imported 14.42, 13.80 and 10.04 percent of total export of Indonesian coal in 2009.

222.767 million tons of coal exported in 2009. Export for the month of December amounted to 27.463 mt, increased 5.084 mt shipped in November 2009. Only 10 major coal importing countries were dominated Indoensian coal exports by importing about 91.75% of total exports of Indonesian coal. Total 33 counties imported Indoensian coal in 2009 from around the world.

Top 10 Importers of Indonesian coal in 2009
China
42.478 mt
19.07%
India
35.426 mt
15.90%
South Korea
32.127 mt
14.42%
Japan
30.737 mt
13.80%
Taiwan
22.361 mt
10.04%
Malaysia
11.635 mt
5.22%
Thailand
10.480 mt
4.70%
Philippines
6.797 mt
3.05%
Hong Kong
6.595 mt
2.96%
Italy
5.750 mt
2.58%
Total
204.390 mt
91.75%
Source: Various

United States of America imported significant quantity of Indonesian coal (1.768 million tons or 0.79 percent of total export) in 2009. Major supplier of Indoensian coal to USA in 2009 was PT. Adaro Indonesia. Adaro supplied about 67percent of total American imports of Indoensian coal in 2009.

According to Bambang Setiawan, Director-General for Coal, Minerals and Geothermal, Indonesia’s coal production may rise to 309 million tons by 2014, Bloomberg reported

South Africa exported 29 percent of its total export to India and 2 percent to China in 2009. South Africa shipped 61.14 million metric tons of coal  through RCBT last year.

Reuters report says, Russian exporters hope to benefit from continued strong Asian demand and that it will keep their FOB prices comfortably above the USD 75 per ton FOB cash cost level.

Energy thirsty Asian market is becoming to dominate coal producing countries by importing more coal to support their economic growth. The price factor is no more a issue for Indian and Chinese buyers as the demand for coal is increasing continually. Many Indian coal buyers are signing coal purchase contracts based on Coal Indexes released by Globalcoal, Platts, Argus and ICI Coal Indo, etc…

To secure long term coal supplies, many Indian companies have already invested in Indonesia & Mozambique coal mines.

Recently Indonesian Government has issued Ministerial regulation which requires metal and coal miners to set aside a certain amount of their production for domestic needs. The percentage of DMO obligation will be calculated based on total domestic consumption of coal or minerals, divided by the total production of coal or minerals.

Once DMO is implemented then, export of Indoensian coal will be reduce to fulfill domestic requirement, which may lead increase of Indoensian coal price as Asian coal demand is expecting to increase coming years.(cs)

The information within this article is provided by coalspot.com on an "as is" and "as available basis. All details about, given in good faith, without guarantee. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in the next update.



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