COALspot.com keeps you connected across the coal world
  • MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
  • FEB 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.89 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE


COALspot.com - Indonesia shipped 28.27 Million tons of coal  in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, Indonesian coal industry sources said.

Indonesian coal producers have shipped  approximately 8.236 million tons of coal to China in June, which was 0.24 percent higher than May 2011 exports. However, Indonesian producers failed to push more coal to India in June.

Indian importers have imported 2.63 percent lesser coal compared to May Imports. India has imported only around  6.20 million tons, which were around 21.95 percent of Indoneisan total coal exports in June. In the meantime, India has imported approximately 36.033 million tons coal, which was slightly lesser than Chinese's imports of 36.071 million tons, during first half this year.

India was the largest Indonesian coal importer since January 2011 until April 2011, until China becomes the largest importer of Indonesian coal since May 2011.

According to the coal minister of India,  India's coal imports may be at 250 million tons per annum by 2016. Coal imports are an unavoidable options for Indian utilities due to non availability of  economically viable coal from domestic mines. However, according to Indian UMPPs, due to Indonesian government regulation that forces all coal producers must sell coal at government declared monthly prices, would cost them at least US$ 30 per ton higher than they previously budgeted.

According to Indian power industry sources opined that  Indian UMPPs ( ultra-mega power project) suddenly caught in between as the concept of UMPP was implemented 4 to 5 years back. The large scale industrial houses in India  have bided and secured UMPP licenses based on the open market prices /long term coal contracts from Indonesian producers (I.e., pre regulated Indonesian market). Now that Indonesian coal reference price mechanism is in place all the UMPP's are seeking Indian government’s assistance in revising the Power Tariff of UMPP.

There are mixed of reactions from Indian mine investors in Indonesia related to government regualtion on coal referance price. Indian power plants are must focus on the fuel security than price advantages out of Indonesian coal mine operations. Mine investments in Indonesia will definitely a good option for power producers of India to secure fuel for their plants, according to an Indian power producer who had invested coal mine in Indonesia. 

Meantime, another investor opined that, more and more of Indian lenders are concerned with the sourcing of coal from Indonesia for their power generating plants after reported backing out of Reliance Power from their proposed 4000 MW UMMP in Krishnapatnam port zone due to higher cost for coal imports from Indonesia.

Indonesia has introduced bench mark pricing mechanism for its coal  since February 2010, and it has implemented for the domestic supplies as well the export market. The pricing was done on the transparent way using four internationally acceptable coal indices to generate monthly Indonesian coal reference prices for about 62 types of coal, including 8 types of bench mark qualities.

The regulation also requires miners to report sales volumes, prices, and buyers every month to the government, allowing it to ensure that the rules are being followed. Violations can lead to revocation of mining permits. The price benchmark aims to prevent firms selling coal to affiliates at low prices to avoid taxes that hurts Indonesia's efforts to collect revenues from its massive commodity exports.

Ministry of Energy and Mineral Resources of Indonesia has set the July 2011 Indonesian Coal Reference Price for thermal coal at US$ 118.24 per ton per ton, which was 0.66 percent lesser than June 2011 price. Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur (arb) 0.8%, Ash Content (arb) 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 – 31 July 2011.

Indonesian government is currently drafting a new regulation that could ban the export of low-grade coal by January 12, 2014. This is likely to apply to coal below 5100 kilocalories (on air dried basis) in value.

Indonesian large-scale producers were offering bituminous coal of 5,500 kcal/kg NAR at around $ 108 a ton, FOB vessel basis, and the price was almost flat since last week, buyers said.

79.77 percent of total coal exports in June shipped to China, India, South Korea, Japan and Taiwan respectively.

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, 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 this article.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 10 March 16
CHINA'S NEW POLICY PLAN COULD BE POSITIVE FOR SHIPPING, BUT TARGETS SEEM RATHER AMBITIOUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China set out its new policy plan during the course of the past weekend, but it seems to have set some very ambitious goals, which could be difficu ...


Thursday, 10 March 16
U.S. COAL EXPORTS DECLINED 23% IN 2015, AS COAL IMPORTS REMAINED STEADY
COALspot.com: The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015. Accord ...


Thursday, 10 March 16
IT FEELS SAFE TO SAY THAT THE MARKET IS SLOWLY AND PAINFULLY REGAINING ITS BALANCE
With the BDI marking its third consecutive positive weekly closing, it feels safe to say that the market is regaining its balance; slowly and painf ...


Wednesday, 09 March 16
U.S. COAL EXPORTS DECLINED 24% (74 MMST) IN 2015; COAL PRODUCTION IS EXPECTED TO DECREASE BY 111 MMST IN 2016 - EIA
U.S. Coal Supply EIA estimates that U.S. coal production for February 2016 was 54 million short tons (MMst), a 4 MMst (7%) decrease from the prev ...


Wednesday, 09 March 16
RI MAY HAVE TO IMPORT COAL FOR FUTURE POWER PLANTS: STUDY - THE JAKARTA POST
With coal prices continuing to decline, Indonesia will struggle to provide the coal needed to fire up its power stations in the near future, a stud ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5752
News by Category
Popular News
 
Total Members : 26,760
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CCIC - Indonesia
  • CoalTek, United States
  • Bharathi Cement Corporation - India
  • Ministry of Finance - Indonesia
  • SMG Consultants - Indonesia
  • Mitsui
  • Trasteel International SA, Italy
  • Inco-Indonesia
  • Maheswari Brothers Coal Limited - India
  • Enel Italy
  • Credit Suisse - India
  • GNFC Limited - India
  • Directorate Of Revenue Intelligence - India
  • Samsung - South Korea
  • Malco - India
  • Core Mineral Indonesia
  • Mechel - Russia
  • Economic Council, Georgia
  • IHS Mccloskey Coal Group - USA
  • PTC India Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • The Treasury - Australian Government
  • Mintek Dendrill Indonesia
  • Bank of China, Malaysia
  • NALCO India
  • Intertek Mineral Services - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Clarksons - UK
  • White Energy Company Limited
  • Sindya Power Generating Company Private Ltd
  • Samtan Co., Ltd - South Korea
  • J M Baxi & Co - India
  • LBH Netherlands Bv - Netherlands
  • Renaissance Capital - South Africa
  • Formosa Plastics Group - Taiwan
  • Larsen & Toubro Limited - India
  • Bank of America
  • Parliament of New Zealand
  • India Bulls Power Limited - India
  • Altura Mining Limited, Indonesia
  • Romanian Commodities Exchange
  • UOB Asia (HK) Ltd
  • Kapuas Tunggal Persada - Indonesia
  • Coal India Limited
  • U S Energy Resources
  • Ceylon Electricity Board - Sri Lanka
  • Vitol - Bahrain
  • Indogreen Group - Indonesia
  • Jatenergy - Australia
  • Asmin Koalindo Tuhup - Indonesia
  • Australian Commodity Traders Exchange
  • GHCL Limited - India
  • PLN - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • TNPL - India
  • Shree Cement - India
  • New Zealand Coal & Carbon
  • Leighton Contractors Pty Ltd - Australia
  • Miang Besar Coal Terminal - Indonesia
  • The University of Queensland
  • The India Cements Ltd
  • Borneo Indobara - Indonesia
  • Energy Link Ltd, New Zealand
  • Pendopo Energi Batubara - Indonesia
  • Cement Manufacturers Association - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Star Paper Mills Limited - India
  • Global Coal Blending Company Limited - Australia
  • Britmindo - Indonesia
  • WorleyParsons
  • Aditya Birla Group - India
  • Ince & co LLP
  • ANZ Bank - Australia
  • Binh Thuan Hamico - Vietnam
  • Tamil Nadu electricity Board
  • RBS Sempra - UK
  • Bukit Makmur.PT - Indonesia
  • Jindal Steel & Power Ltd - India
  • Thriveni
  • globalCOAL - UK
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ambuja Cements Ltd - India
  • McConnell Dowell - Australia
  • Karaikal Port Pvt Ltd - India
  • Toyota Tsusho Corporation, Japan
  • Total Coal South Africa
  • Vizag Seaport Private Limited - India
  • Tata Chemicals Ltd - India
  • ICICI Bank Limited - India
  • Deloitte Consulting - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • CNBM International Corporation - China
  • DBS Bank - Singapore
  • Ind-Barath Power Infra Limited - India
  • Shenhua Group - China
  • TeaM Sual Corporation - Philippines
  • Madhucon Powers Ltd - India
  • Pinang Coal Indonesia
  • UBS Singapore
  • Bangladesh Power Developement Board
  • Tanito Harum - Indonesia
  • Peabody Energy - USA
  • Vedanta Resources Plc - India
  • Rudhra Energy - India
  • Gujarat Electricity Regulatory Commission - India
  • IBC Asia (S) Pte Ltd
  • Malabar Cements Ltd - India
  • Surastha Cement
  • Bhatia International Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Kumho Petrochemical, South Korea
  • Argus Media - Singapore
  • Agrawal Coal Company - India
  • Attock Cement Pakistan Limited
  • Moodys - Singapore
  • Indonesia Power. PT
  • Petrosea - Indonesia
  • EMO - The Netherlands
  • Jaiprakash Power Ventures ltd
  • Cigading International Bulk Terminal - Indonesia
  • SASOL - South Africa
  • Meenaskhi Energy Private Limited - India
  • Idemitsu - Japan
  • Barclays Capital - USA
  • MS Steel International - UAE
  • Antam Resourcindo - Indonesia
  • BNP Paribas - Singapore
  • Thomson Reuters GRC
  • Platts
  • Indian Oil Corporation Limited
  • Salva Resources Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Anglo American - United Kingdom
  • bp singapore
  • Indika Energy - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bangkok Bank PCL
  • Qatrana Cement - Jordan
  • Humpuss - Indonesia
  • CIMB Investment Bank - Malaysia
  • Central Java Power - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • ASAPP Information Group - India
  • Kalimantan Lumbung Energi - Indonesia
  • Grasim Industreis Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Gupta Coal India Ltd
  • Asian Development Bank
  • Posco Energy - South Korea
  • Adaro Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • SGS (Thailand) Limited
  • Rashtriya Ispat Nigam Limited - India
  • Ernst & Young Pvt. Ltd.
  • Sical Logistics Limited - India
  • Thailand Anthracite
  • Cardiff University - UK
  • Petrochimia International Co. Ltd.- Taiwan
  • Standard Chartered Bank - UAE
  • South Luzon Thermal Energy Corporation
  • KPCL - India
  • Simpson Spence & Young - Indonesia
  • Deutsche Bank - India
  • Videocon Industries ltd - India
  • Kaltim Prima Coal - Indonesia
  • Makarim & Taira - Indonesia
  • The State Trading Corporation of India Ltd
  • Arutmin Indonesia
  • Bhoruka Overseas - Indonesia
  • Lanco Infratech Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Wood Mackenzie - Singapore
  • MEC Coal - Indonesia
  • Goldman Sachs - Singapore
  • Minerals Council of Australia
  • Globalindo Alam Lestari - Indonesia
  • VISA Power Limited - India
  • PetroVietnam
  • Commonwealth Bank - Australia
  • Bulk Trading Sa - Switzerland
  • Metalloyd Limited - United Kingdom
  • Bayan Resources Tbk. - Indonesia
  • JPower - Japan
  • Coeclerici Indonesia
  • Price Waterhouse Coopers - Russia
  • OPG Power Generation Pvt Ltd - India
  • Bhushan Steel Limited - India
  • Georgia Ports Authority, United States
  • KPMG - USA
  • Maersk Broker
  • Riau Bara Harum - Indonesia
  • Orica Australia Pty. Ltd.
  • Siam City Cement - Thailand
  • ACC Limited - India
  • Planning Commission, India
  • Rio Tinto Coal - Australia
  • GVK Power & Infra Limited - India
  • Barasentosa Lestari - Indonesia
  • Merrill Lynch Commodities Europe
  • Maybank - Singapore
  • Tata Power - India
  • Indonesian Coal Mining Association
  • World Coal - UK
  • London Commodity Brokers - England
  • Kobe Steel Ltd - Japan
  • Mercuria Energy - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Eastern Coal Council - USA
  • Panama Canal Authority
  • Mitsubishi Corporation
  • Thiess Contractors Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Siam City Cement PLC, Thailand
  • PetroVietnam Power Coal Import and Supply Company
  • NTPC Limited - India
  • Coaltrans Conferences
  • Runge Indonesia
  • Uttam Galva Steels Limited - India
  • Inspectorate - India
  • Russian Coal LLC
  • Reliance Power - India
  • Wilmar Investment Holdings
  • Permata Bank - Indonesia
  • Gresik Semen - Indonesia
  • Adani Power Ltd - India
  • Power Finance Corporation Ltd., India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Interocean Group of Companies - India
  • Latin American Coal - Colombia
  • Carbofer General Trading SA - India
  • Kideco Jaya Agung - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Xindia Steels Limited - India
  • PNOC Exploration Corporation - Philippines
  • European Bulk Services B.V. - Netherlands
  • Dalmia Cement Bharat India
  • SRK Consulting
  • Asia Cement - Taiwan
  • Jorong Barutama Greston.PT - Indonesia
  • Thermax Limited - India
  • IMC Shipping - Singapore
  • Bukit Baiduri Energy - Indonesia
  • TANGEDCO India
  • Singapore Mercantile Exchange
  • Vale Mozambique
  • World Bank
  • Fearnleys - India
  • Sojitz Corporation - Japan
  • IEA Clean Coal Centre - UK
  • Kohat Cement Company Ltd. - Pakistan
  • Parry Sugars Refinery, India
  • Cemex - Philippines
  • OCBC - Singapore
  • Australian Coal Association
  • Holcim Trading Pte Ltd - Singapore
  • Cargill India Pvt Ltd
  • Coastal Gujarat Power Limited - India
  • Oldendorff Carriers - Singapore
  • Coalindo Energy - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Ministry of Transport, Egypt
  • Eastern Energy - Thailand
  • Central Electricity Authority - India
  • Geoservices-GeoAssay Lab
  • Aboitiz Power Corporation - Philippines
  • Chamber of Mines of South Africa
  • Karbindo Abesyapradhi - Indoneisa
  • Mitra SK Pvt Ltd - India
  • Sucofindo - Indonesia
  • Africa Commodities Group - South Africa
  • Marubeni Corporation - India
  • Lafarge - France
  • JPMorgan - India
  • APGENCO India
  • Heidelberg Cement - Germany
  • Savvy Resources Ltd - HongKong
  • PLN Batubara - Indonesia
  • Independent Power Producers Association of India
  • Alfred C Toepfer International GmbH - Germany
  • Noble Europe Ltd - UK
  • Arch Coal - USA
  • Banpu Public Company Limited - Thailand
  • BRS Brokers - Singapore
  • Ministry of Mines - Canada
  • GB Group - China
  • Merrill Lynch Bank
  • Mercator Lines Limited - India
  • Sakthi Sugars Limited - India
  • Indian School of Mines
  • Coal Orbis AG
  • Electricity Generating Authority of Thailand
  • ETA - Dubai
  • Gujarat Sidhee Cement - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Xstrata Coal
  • Medco Energi Mining Internasional
  • IOL Indonesia
  • Mjunction Services Limited - India
  • Freeport Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Kobexindo Tractors - Indoneisa
  • PowerSource Philippines DevCo
  • Maruti Cements - India
  • Infraline Energy - India
  • McKinsey & Co - India
  • Platou - Singapore
  • Japan Coal Energy Center
  • Indo Tambangraya Megah - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • GMR Energy Limited - India
  • KOWEPO - South Korea
  • Port Waratah Coal Services - Australia
  • Orica Mining Services - Indonesia
  • SUEK AG - Indonesia
  • HSBC - Hong Kong
  • Berau Coal - Indonesia
  • Thai Mozambique Logistica
  • EIA - United States
  • ING Bank NV - Singapore
  • CESC Limited - India
  • Glencore India Pvt. Ltd
  • Edison Trading Spa - Italy
  • Cosco
  • Coal and Oil Company - UAE
  • KEPCO - South Korea
  • Indorama - Singapore