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Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
 COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 31.54* million tons of coal in May 2012, compared to 31.86* million tons in April 2012. The May coal exports slightly down or drops just 1 percent from compared to April exports.
According to available information from coal exporters, the China was the largest importer of Indonesian coal in May, followed by India. China’s Indonesian coal imports has reached around 11.19* million tons in May, in the meantime India's imports around 7.57* million tons.
Indonesia's coal exports to China has increased by 1.78* percent in May to 11.19* million tons compared to last month, but to India dropped by 0.78* percent. Indian utilities imported 7.57* million tons in May, compared to 7.63* million tons in April 2012.
83.76* percent of total Indonesian coal exports in May shipped to top five traditional coal importers of Indonesian coal such as China, India, South Korea, Taiwan And Japan.
“Inquiries from India and China are still in the market, but the conclusions rates are lower compare to floating of inquiries" said an international coal trader. The FOB bids are not favoring suppliers at this moment, the gap between offers and bids are quite wider he added.
"This is the bottom level of price that we can accept to sell our cargo. If the coal prices fall further we may cut our production or if the situation goes worst, then we may stop totally our production until the situation rebound ", said a top officer from a coal mine in Sumatera. An another coal miner from South Kalimantan also shared the same view. Some of small scale producers are already reduced their output to 50 percent.
5,000 kcal/kg GAR coal from Central Kalimantan is being offered low sixties, but the bids were lower than those numbers.
In the meantime, a 5,800 kcal/kg GAR coal is being offered around mid seventies this week against bids of low seventies, a trader said. There is not much conclusions. However the offers and bids are flowing in to the market as normal level.
It is not clear whether the government of Indonesia will interfere to stabilize the coal prices of Indonesian origin by instructing coal miners to cut their production to keep demand stable to achieve better prices.
According to mining law 4/ 2009 all the miners in Indonesia to requires to follow government declared coal prices ( HBA) when they conclude a coal sales and purchase contract with their buyers.
However, in this month, the government declared minimum selling price of Indonesian coal for June delivery was higher than the current market prices. The producers, specially who are selling their coal on spot basis, forced to sell lower than HBA price but paying royalties and corporate taxes based on HBA prices.
“The profit margins are almost nearing to zero for those who sell coal on spot deals and low GCV / High moisture producers”, a small scale coal producer from South Kalimantan said.
The government declared HBA in June fall to lowest level since January 2011 and expecting to fall again in next month. The monthly coal reference price for coal sales in June fell 5.36 percent MoM and 18.80 percent YoY.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for June 2012 at US$ 96.65 per ton (basis 6322 GAR coal), which was US$ 5.47 lower than May 2012 Price and US$ 22.38 lower compared to the same period in 2011.
According to DSP of SGX AsiaClear OTC coal swaps, Indonesian sub-bituminous coal swaps and CFR South China coal contracts for August deliveries are moving positive direction since Monday this week.
According ongoing COALspot.com weekly polling, 41.12 percent of voters (as of now the total voters were 338) are believes that, the current coal spot price weakness is temporary and it will rebound before end of this year. 44.83 percent of producers (58) and 36.17 percent end-users (47) are also in the same view.
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 shall be obliged if errors / omissions are brought to its notice for carrying out corrections in this article.* Figures are subject to verification (cs)
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Tuesday, 18 August 20
BLACKBALLED: WILL COAL BOUNCE BACK FROM SLUMP OR IS IT TERMINAL? - SYDNEY MORNING HERALD
Even by the standards of this miserable year, 2020 has been a shocker for the global coal industry.
As the lockdown kicked in demand ...
Friday, 14 August 20
EIA: COAL PLANTS UNECONOMICAL IN MOST REGIONS - IEEFA
U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables ...
Thursday, 13 August 20
INDIA SHOULD RECORD A SLIGHT DECREASE IN THERMAL COAL IMPORTS, REACHING A VOLUME OF 167 MILLION TONS BY THE END OF 2020 - ASSOCARBONI
Regarding 2020 thermal coal imports forecasts, Vietnam’s coal imports showed a very strong growth in the first half of 2020 and it is believe ...
Thursday, 13 August 20
INDONESIA REMAINS THE LARGEST EXPORTER OF COAL IN THE WORLD - ASSOCARBONI
According to the last Assocarboni data for 2019, Indonesia remains the largest exporter in the world. Thermal coal exports have in fact reached 456 ...
Wednesday, 12 August 20
VIETNAM WAS THE PROTAGONIST OF A SIGNIFICANT INCREASE IN COAL IMPORTS IN 2019 - ASSOCARBONI
The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.
According to Assocarbon ...
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- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
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