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Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
 COALspot.com - Indonesian coal exports jumped 23.31 percent during March 2011. The world’s largest coal exporter shipped 27,164,079 mt of coal in March up 23.32 percent from its February exports of 22.02 million tons, according to the industry sources. India and china have taken a share of 28.37 percent and 16.52 percent respectively.
India has imported a total tonnage of around 7.707 MMts up 66.42 percent (4.631 MMts in February) and Chinese imports reached 4.488 MMts up 5.99 percent (4.234 MMts in February).
India remained the largest importer of Indonesian coal since January 2011. China was the largest Indonesian coal importer during 2009 and 2010, but India pushed China to second place in this year.
44.89 percent of total Indonesian coal exports in March goes to fuel hungry countries India and China.
Top five Indonesian coal importers in March were India, China, Japan South Korea and Taiwan.
According to market players, since 2009 Indonesian coal witnessed higher exports due to the increased demand from India and China. Chinese and Indian end-user are always keep an eye on Indonesia for their coal needs, due to the fact that Indonesia is closer to their ports. This results in lesser voyage time resulting in lesser sea freights., which makes their landed cost competitive compare to other origin of coal as well as indigenous coal.
Increase in Indonesian exports of Low rank coal picked up in recent months. Due to domestic coal shortage, Indian consumers have devised a primitive method of blending of Low rank high moisture coal of Indonesia with the available domestic coal. Indian domestic coal characterized by high ash (30% to 40%) and low moisture (9%) which can advantageously blend with Indonesian Low rank coal of high Moisture (<50%) and low ash (<8%).
Also the increase of Bio Mass and Co-generation capacities Low rank coals have become the order of the day. Also the higher discount prevailing for Low rank coals have encouraged their usage.
Due to the spate of demand for Low ranking coal (<3200 GAR coals with Moisture of up to 50%) Sumatra based LRC suppliers were also targeting Indian market for their exports. In view of this encouraging business Industry is worried and closely watching the proposed Indonesian Govt. policy of banning exports of Low ranking coals. Indonesian government proposed the coal producers to up-grade their coal to higher energy value prior to export to have high price. The Government regulation is expected in Year 2014.
One of the Indian traders commented that due to the Somali pirate's threat to the Indian coal vessels heading to the west coast of Indian ports , buyers of South African coal may avoid pirate's dominated zone for safety of their crew members and cargo. Unless there is a firm action from Indian naval forces as well as international community on pirate attacks on the vessel which were passing through pirate attack zone, the growth of coal trade between India and south Africa will be affected.
For a short term, Indian coal buyers may look at alternative sources of supply. Will SOMALI PIRATES force Indian coal buyers to reduce procurement from South Africa? Register your opinion Yes, For A Short Period, No, May Be.
However, the next few months being summer months in India the demand for power, steel and cement increases thereby the movement in coal may be witnessed resulting in higher consumption.
Indonesia already successfully implemented monthly coal reference price for its coal. Coal ministry also fine tuning their coal reference prices on monthly basis. Coal producers were asked to comply with the government declared index prior to conclude any short term and long terms coal sales agreement with its buyers.
Indonesia’s Ministry of Energy and Mineral Resources has set the April 2011 Indonesian Coal Reference Price for thermal coal at US$ 122.02 per ton, which is 0.33 percent lesser than March 2011 price of US$ 122.43 per mt fob vessel.
Instead of minor dropping in HBA, Indonesian coal prices were still at stable position. small scale mines from Kalimantan were offering 6300 GAD coal between US$ 82 - 87 per MT and premium coal supplier's prices were already in high nineties or at three digits pricing, an international trader said.
According to market stakeholders, the prices may stand stable due to Japan's earth quake, tsunami and nuclear power plants blast, but the prices and demand are expected to move more stronger in coming months.
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Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...
Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...
Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world.
Press Release - Total Sinergy ...
Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...
Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
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- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Parliament of New Zealand
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
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