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Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and 22.89 mln ton in February 2010. March coal exports up by 13.24 percent compared to February exports.
Indonesia’s first quarter exports reached 74.89 mln MT of coal by ending March 31 2010.
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Country
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January 10
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February 10
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March 10
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Mln ton
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Mln ton
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Mln ton
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China
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8.81
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8.62
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7.00
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South Korea
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3.38
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3.03
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4.12
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India
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3.28
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3.92
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4.32
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Japan
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2.59
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3.19
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3.12
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Taiwan
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2.07
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1.78
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2.40
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Malaysia
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0.98
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0.62
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1.44
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Thailand
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0.94
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0.94
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1.48
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Philippines
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0.44
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0.44
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1.18
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Italy
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0.43
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0.45
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0.54
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Hong Kong
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0.32
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0.42
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0.56
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Source: Various
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China & India Imports
China was a largest importer of Indonesian coal in March 2010. However Indonesian coal exports to China dropped 18.79 percent in March. Indonesia exported 7 mln ton coal in March compared to 8.62 in February and 8.81 MLN tons in January 2010.
“Chinese's interest is still there, and it will continue," a seller, related to Chinese exports said. Chinese buyers are dominating Indoensian coal exports since 2nd half of last year, and it is seemed that, the trend will continue and China will be major importer of Indonesian coal for this year.
India was the second largest importer of Indonesian coal in March 2010. Indonesia exported 4,327,912 MT of coal to India in March 2010, compared to 3.92 mln ton in February and 3.28 mln tons in January or increased by 10.20 percent MoM. South Korea, Japan and Taiwan have imported 4,121,274, 3,122,198 and 2,403,039 tons of coal in March 2010 respectively.
Indian buyers are around Indonesia to book 6300 (GAD) Kcal/kg coal for May / June loading. Indian coal mine investors are actively looking for potential coal properties in Sumatra and Kalimantan islands to secure their fuel requirements.
Pakistani buyers were also aggressively sourcing 6500 GAD coal in Indonesia for their client. According to market information, a Pakistani trading and shipping company is planning to open a sourcing office in Indonesia to increase Indonesian coal exports to Pakistan. The requirement of 6500 (GAD) or above coal is in high demand in Pakistan, as importers of Indoensian and south African coal are mostly cement producers. Pakistani cement producers prefer to buy high GCV coal / low Ash coal for their plants as the plants were designed for higher GCV coal.
Top coal exporter
Bumi Resources as a parent company of KPC and Arutmin was again become a largest exporter of Indoensian coal in March by exporting around 4.73 mln ton. However, Adaro Indonesian was the single largest exporter of coal In March 2010. According to our sources, around 15.59 mln tons out of total exports of 27.61 mln ton of coal exported in March, was exported by 10 top coal producers including Bumi, Adaro, Banpu, Berau, Tanito, Bayan and PTBA.
Kaltim Prima Coal, part of Bumi Resources, has secured a thermal coal contract with a large Japanese customer at the FOB price of $ 104/ton (equivalent to 6322 GAR) for delivery over the next 12 months, according to press release.
PT Adaro Energy's net profit for the year ended December 31st, 2009 increased 392% to Rp 4.4 trillion (US$ 487,264,673)* from Rp 887 billion (US$ 98,228,128)* of the year ended December 31st, 2008, according to news release from Adaro Energy.
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previous year, according to Bangkok Post.
PT Tambang Batubara Bukit Asam, Indonesian government owned largest coal producer, signed a $4.8bn contract for a rail project to construction of a 307km railway from Bukit Asam’s Central Banko coal mine in South Sumatra to Srengsem in the Pampung. The deal reportedly consisted of a $1.3bn rail construction contract, and a $3.5bn 20-year operation and maintenance contract, both with China Railway Engineering Corp. The China Export-Import Bank has been chosen as the main financier for the deal, according to reports. Once the rail project completed, then PTBA production will be increased significantly.
Indonesian coal miners did well instead of a difficult and volatile year in 2009.
Loading delays
The waiting at Indonesian ports for coal vessels was quite normal in Month of March compare to January / February 2010, according to port agents. (cs)
* (1 USD = 9,030.00 IDR)
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 and COALspot.com disclaims all responsibility or liability. 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.
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Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
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Friday, 16 April 10
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An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
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Showing 5881 to 5885 news of total 6871 |
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- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Australian Coal Association
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- The University of Queensland
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
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