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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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Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
Friday, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...
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Showing 5561 to 5565 news of total 6871 |
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- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
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