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Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
 Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.
The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.
"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.
According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.
The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.
On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.
Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80% Y-o-Y.
The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.
Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price. (additional reports by COALspot.com)
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Saturday, 23 January 21
GOVT PLANNING TO OPEN UP COAL MARKETING TO STREAMLINE PROCESS - THE INDIAN EXPRESS
The government is considering opening up coal marketing, Coal Secretary Anil Kumar Jain said on Thursday. Currently, production by Coal India is al ...
Thursday, 21 January 21
LNG MARKET RIDING HIGH, BUT WILL THE GAINS CONTINUE? - DREWRY
The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due ...
Thursday, 21 January 21
CHINA'S SPOT THERMAL COAL PRICES REFRESH RECORD HIGH - MYSTEEL
Despite the moderate rebound in temperatures across most regions of China after late December’s deep-freeze, thermal coal prices in the count ...
Wednesday, 20 January 21
CORONAVIRUS OUTBREAK IN HEBEI HAS LIMITED IMPACT ON CHINA'S STEEL INDUSTRY - FITCH RATINGS
The recent Covid-19 outbreak in the steel producing hub Hebei will not have material impact on China’s steel industry, Fitch Ratings says.
...
Wednesday, 20 January 21
MARKET INSIGHT - INTERMODAL
While 2020 is finally behind us, its negative impacts are still hovering over the shipping market. That being said, it is still too early to even s ...
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- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- The University of Queensland
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
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