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Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Augusts’ exports of 22.896 million tons. According to our sources, Indonesia’s first nine-month coal exports have reached around 209 million MT.
China Imports
China once again or as usual become the largest importer of Indonesian coal. China has imported 5.020 million tons of coal in September 2010. However, China’s September imports of Indonesian coal were down 13.16 percent compared to August Imports of 5.782 million ton. According to Indonesian coal industry players, China has imported 53.204 million tons of coal for first nine months of this year. Chinese's utilities have imported more Indonesian coal than Indian Utilities for first nine months in 2010.
India Imports.
India was the second largest importer of Indonesian coal in September. India has imported 35.931 million MT for the period January – September 2010, according to available data from coal industry. India’s September imports were only around 3,884,313 MT, which was 17.93 percent of total September export of Indonesian coal. Indonesian shippers have shipped 1.86 percent less coal to India in September compared to August 2010 exports.
Indonesian total exports
Indonesia has already shipped around 209.371 million tons of coal during first 9 months and 161.160 mln MT of coal or 76.97 percent of total exported coal goes to China, India, South Korea, Japan and Taiwan.
Top ten importers of Indonesian coal till end of September 2010
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Country
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Jan – Sep 2010
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Mln ton
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China
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53.20
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India
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35.93
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South Korea
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30.32
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Japan
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24.47
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Taiwan
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17.21
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Malaysia
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12.06
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Thailand
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8.86
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Philippines
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8.26
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Hong Kong
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5.33
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Italy
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4.18
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Source: Various
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Instead of dropping in exports to India in September 2010, “Indian buyers are still here, and an Indian demand it will continue," an exporter from East Kalimantan said.
“The price expectation from buyers for Indonesian medium GCV coal from India was not in line with the expectation of sellers”, said another trader from India.
The trader further added that, “Indian demands for coal in this month is less comapred to month of September as a huge amount of imported coal was laying at Indian ports to transport. “The Demand will be expecting to increase again in second half of next month", he added.
“Indian & Chinese buyers are still dominating Indoensian coal market, the trend will continue as the demand from India & China is continuing high’ said, another producer of coal in Indonesia.
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Indian buyers are looking for higher GCV coal rather than lower GCV coal. “Chinese buyers were also looking for coal with calorific value 6100 to 6300 GAD” a Surabaya based coal broker said. Most of the inquiries from China were based on CIF basis where’s Indian inquiries were on FOB vessel.
Indonesian big scale coal mine owners were already covered their shipments until the end of this year or having less cargo for spot market. Hence Indonesian coal prices are standing at stable to steady status. Indonesian coal price reference, which was declared by Ministry of Energy of Indonesia was up by 2.92 percent in October to US$ 92.68 per ton. Indonesian suppliers were required to refer the HBA when they conclude the deals with domestic as well as International buyers.
Coal Mine Investment
Indian power plants, steel industries and cements industries are also actively looking for the coal concessions to secure their fuel on long term. Reliance Power has recently signed a share-sale agreement with Indonesia’s Sugico Group to acquire three coal mines and the total value of the deal will be $1.6 billion, If all contractual - linked targets are met.
RPG group of India through its subsidiary company ICML, is also looking for coal mine expansion in Indonesia. ICML is already operating a coal mine in India for captive use.RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake in Resource Generation Limited (RG), Australia recently. In addition to share acquisition, ICML has also inked an offshore coal procurement contract with RG to purchase 37 million tonne (MT) of coal over 20 years from RGL’s Boikarabelo mine in South Africa.
More than two dozen of Indian companies already Invested coal mines in Indonesia and around five to ten companies are already in operation.
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.(cs)
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Friday, 29 October 10
CAPE MARKET STARTED TO BREAK THOUGH THE UPWARDS RESISTANCE LEVEL OF USD 40K DAILY FOR SPOT CARGOS - FEARNLEYS
HANDY
The Atlantic markets remain flat and lackluster. The expectations that the grain ...
Friday, 29 October 10
CHINA'S COAL DEMAND DRIVES DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is posting marginal, yet steady growth this week, with the Baltic Dry Index rising yesterday to 2784 points, up by 0.2%. Both th ...
Wednesday, 27 October 10
TNPL TO AWARD 240,000 MT COAL SUPPLY CONTRACT TO COAL & OIL
COALspot.com: Tamil Nadu Newsprint Papers Limited, Tamil Nadu state owned Newsprint and Printing & Writing Paper producer has opened a coal purc ...
Wednesday, 27 October 10
CHINA AIDS RUSSIA IN DEVELOPING COAL RESOURCES - PEOPLE'S DAILY
People's Daily reported that, Russia will use 6 billion U.S. dollars in loans provided by China to develop coal resources in Sakhalin Island, Elege ...
Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
Press Release :
First Coal Shipments made from Nadvara Coal Project, East Kalimantan
51,616 tonnes delivered from October production &ndas ...
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Showing 5546 to 5550 news of total 6871 |
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- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
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