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Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
 COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. this is a significant quantity during this hard time.
According to available information from coal exporters and various other sources, China is the largest importer of Indonesian coal in November (as usual) followed by India. China’s Indonesian coal imports have reached 11.024* million tons in November. However, China has imported 2.65 percent less coal in November from Indonesia compared to a month ago.
Meanwhile, India, an another world’s largest coal importer has imported 8.671* million tons of coal from Indonesia last month, which is 9.68 percent lesser than its October imports.
However Low calorific value power plant coal of Indonesian origin is still dominating Indian market.
According to a coal supplier from Sumatera Island, low coal prices as well low sea freights are encouraging Indian and Chinese buyers to keep eye on Indonesian coal for last few months. This trend is expecting to continue next year. According to our weekly polling, Indian coal buyers are still believe that, Indonesia will be an attractive destination for coal in 2013 for Indian coal buyers.
85.19* percent of total Indonesian coal exported quantity in November shipped to top five traditional Indonesian coal buyers such as China, India, South Korea, Japan and Taiwan.
Indonesian coal market was flat last few days due to Christmas and new holidays and less inquiries. There is no coal available for spot shipments from big scale coal producers but few small scale producers are still holding some cargo to release on spot deals.
Indonesia’s November coal export was 4.45* percent lower than October exported quantity. 58.65* percent of Indonesia’s total coal exports in November goes to China and India.
Indonesian coal exports to China and India have increased significantly for last couple of year. Half of Indonesian coal exports always being shipped to China and India.
“We are not depends on India or China for our coal exports, but part of our export quantity is allocated for Indian and China to keep our share in those fast growing countries” said a coal producer from East Kalimantan. “ We managed our risk by diversifying our marketing strategy fairly between the coal consuming countries including and China and India,” he said.
According to mining law 4/2009 all coal miners in Indonesia to require to follow government declared coal prices ( HBA) when they conclude a coal sales and purchase contract with their buyers.
The government declared minimum selling price for Indonesian coal for December delivery was slightly higher than November minimum 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 December has increased 0.38 percent M-O-M but fell 27.44 percent Y-O-Y.
The Ministry of Energy & Mineral Resources of Indonesia sets the coal’s spot price benchmark for December 2012 at US$ 81.75 per ton (basis 6322 GAR coal), which is US cents 31higher than November 2012 Price but US$ 30.92 lower compared to the same period in 2011.
Coal industry had a hard time in 2012 and coal producers are expected to face a tough time during next year, at least until first half of 2013. According to U.S. Energy Information Administration (EIA) forecasts that the delivered US coal price will average $2.40 per MMBtu in 2012 and $2.44 per MMBtu in 2013 in US. The forecasted price was not attractive for miners. EIA also forecasted, global coal demand will rise 2.6 percent annually in the next six years and challenge oil as the top energy source.
China was showing a positive on imported coal demand, as Reuters reported that, China's coal imports in the first 11 months of 2012 have jumped nearly 30 percent to 205.5 million tones and coal analysts forecasted that, the China's coal imports are expected to rise further in 2013 on the back of weak overseas demand and low international coal prices.
China, also has scrapped a regulation to cap spot thermal coal prices starting in 2013. According to media reports, National Development and Reform Commission (NDRC) will not intervene in annual coal price negotiations between sellers and utilities starting in 2013.
*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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Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...
Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
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- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- The University of Queensland
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
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