COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 19 May 11
INDONESIAN COAL EXPORTS DROP 7.98 PERCENT IN APRIL


COALspot.com - Indonesian coal exports dropped to 2.168 million  tons in April, and up 7.13 percent on the year and 7.98 percent below March, according to our sources. Indonesia exports 24.99 million tons of coal in April.

Our sources further said that, first four months export of 98.87 million tons put full year volumes on pace to exceed 296 million tons well above 2010 exports. 

Indian buyers have reduced Indonesian coal imports in April 2011 to 6.28 million tons from 7.70 million tons m-o-m. However, Chinese  returned to Indonesia after silent about almost first three months of this year and brought 35.99 percent more coal in April from March imports.

The next few  months being summer months in India and china the demand for power, steel and cement increases thereby the movement in coal may be witnessed resulting in higher consumption.

China has bought 6.10 million tons of Indonesian coal in April against its import of just 4.48 million tons in March.  Chinese buyers are still in the market to conclude the deals to cover summer requirements.

Recently, Berau Coal, one of the country’s largest coal miners have signed a five-year deal with Huaneng Power International and a three-year contract with Zhushui Energy Resource Group, as quoted by local paper. According to paper, Berau will sell 1.5 million tons of coal annually to each company.

According to ICAP Shipping, China's total coal imports in the first quarter were some 27 percent down on a year ago at 32.3 Mt (2010: 44.4 Mt).

49.57 percent of total Indonesian coal exports in April goes to fuel hungry countries such as India and China.

Indonesian government has already successfully implemented monthly coal reference price for its coal. Coal ministry also fine tuning their coal reference prices on a monthly basis based on market condition. 

Coal producers of Indonesia were asked to comply with the government declared coal price reference prior to concluding any coal sales agreement with its buyers. 

Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur (arb) 0.8%, Ash Content (arb) 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Instead of 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 at this moment, but the prices and demands are expected to move stronger in coming months.(cs) 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...


Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...


Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...


Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...


Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...


   1040 1041 1042 1043 1044   
Showing 5206 to 5210 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Port Waratah Coal Services - Australia
  • PNOC Exploration Corporation - Philippines
  • Lafarge - France
  • RBS Sempra - UK
  • Thailand Anthracite
  • Mjunction Services Limited - India
  • Idemitsu - Japan
  • Geoservices-GeoAssay Lab
  • KPMG - USA
  • India Bulls Power Limited - India
  • Vedanta Resources Plc - India
  • Coalindo Energy - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • CIMB Investment Bank - Malaysia
  • Medco Energi Mining Internasional
  • Runge Indonesia
  • Fearnleys - India
  • Bangladesh Power Developement Board
  • SMG Consultants - Indonesia
  • Mintek Dendrill Indonesia
  • ASAPP Information Group - India
  • Bulk Trading Sa - Switzerland
  • Siam City Cement - Thailand
  • Chamber of Mines of South Africa
  • Indogreen Group - Indonesia
  • BRS Brokers - Singapore
  • Vizag Seaport Private Limited - India
  • Madhucon Powers Ltd - India
  • Enel Italy
  • Thiess Contractors Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Singapore Mercantile Exchange
  • Mitra SK Pvt Ltd - India
  • Panama Canal Authority
  • International Coal Ventures Pvt Ltd - India
  • McConnell Dowell - Australia
  • Shenhua Group - China
  • Standard Chartered Bank - UAE
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Binh Thuan Hamico - Vietnam
  • Platts
  • EIA - United States
  • Georgia Ports Authority, United States
  • Therma Luzon, Inc, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Directorate General of MIneral and Coal - Indonesia
  • Carbofer General Trading SA - India
  • Semirara Mining Corp, Philippines
  • Coal and Oil Company - UAE
  • SUEK AG - Indonesia
  • PetroVietnam
  • Humpuss - Indonesia
  • GB Group - China
  • Xindia Steels Limited - India
  • Aditya Birla Group - India
  • JPMorgan - India
  • Sucofindo - Indonesia
  • Orica Mining Services - Indonesia
  • Lanco Infratech Ltd - India
  • Cardiff University - UK
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kobe Steel Ltd - Japan
  • Kumho Petrochemical, South Korea
  • Barclays Capital - USA
  • Wilmar Investment Holdings
  • Surastha Cement
  • CCIC - Indonesia
  • Bhushan Steel Limited - India
  • Asian Development Bank
  • Clarksons - UK
  • Core Mineral Indonesia
  • Simpson Spence & Young - Indonesia
  • Inspectorate - India
  • Petrochimia International Co. Ltd.- Taiwan
  • DBS Bank - Singapore
  • Mitsubishi Corporation
  • Sree Jayajothi Cements Limited - India
  • Qatrana Cement - Jordan
  • Jatenergy - Australia
  • Global Business Power Corporation, Philippines
  • Tanito Harum - Indonesia
  • World Bank
  • Oldendorff Carriers - Singapore
  • Power Finance Corporation Ltd., India
  • Kapuas Tunggal Persada - Indonesia
  • PowerSource Philippines DevCo
  • Meralco Power Generation, Philippines
  • Peabody Energy - USA
  • MEC Coal - Indonesia
  • Inco-Indonesia
  • Rudhra Energy - India
  • TeaM Sual Corporation - Philippines
  • Gresik Semen - Indonesia
  • Attock Cement Pakistan Limited
  • Kepco SPC Power Corporation, Philippines
  • Energy Link Ltd, New Zealand
  • Vitol - Bahrain
  • Global Green Power PLC Corporation, Philippines
  • Infraline Energy - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Ambuja Cements Ltd - India
  • VISA Power Limited - India
  • Electricity Authority, New Zealand
  • Adani Power Ltd - India
  • Central Java Power - Indonesia
  • Siam City Cement PLC, Thailand
  • SRK Consulting
  • Jindal Steel & Power Ltd - India
  • bp singapore
  • IEA Clean Coal Centre - UK
  • The India Cements Ltd
  • Aboitiz Power Corporation - Philippines
  • Metalloyd Limited - United Kingdom
  • Cigading International Bulk Terminal - Indonesia
  • Intertek Mineral Services - Indonesia
  • EMO - The Netherlands
  • Minerals Council of Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • SASOL - South Africa
  • Wood Mackenzie - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Thomson Reuters GRC
  • CESC Limited - India
  • Sindya Power Generating Company Private Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Makarim & Taira - Indonesia
  • McKinsey & Co - India
  • JPower - Japan
  • CoalTek, United States
  • Parry Sugars Refinery, India
  • London Commodity Brokers - England
  • ICICI Bank Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • IOL Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Jaiprakash Power Ventures ltd
  • Indorama - Singapore
  • Cemex - Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Permata Bank - Indonesia
  • KOWEPO - South Korea
  • Adaro Indonesia
  • Mercator Lines Limited - India
  • Salva Resources Pvt Ltd - India
  • Parliament of New Zealand
  • Deloitte Consulting - India
  • White Energy Company Limited
  • Globalindo Alam Lestari - Indonesia
  • Australian Coal Association
  • Ministry of Transport, Egypt
  • Berau Coal - Indonesia
  • Thermax Limited - India
  • Sarangani Energy Corporation, Philippines
  • Rio Tinto Coal - Australia
  • Banpu Public Company Limited - Thailand
  • Deutsche Bank - India
  • Tata Chemicals Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Coastal Gujarat Power Limited - India
  • Ministry of Finance - Indonesia
  • GVK Power & Infra Limited - India
  • Cebu Energy, Philippines
  • Bhatia International Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bangkok Bank PCL
  • Videocon Industries ltd - India
  • Baramulti Group, Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • World Coal - UK
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Commonwealth Bank - Australia
  • Timah Investasi Mineral - Indoneisa
  • Anglo American - United Kingdom
  • Platou - Singapore
  • Global Coal Blending Company Limited - Australia
  • Thriveni
  • Independent Power Producers Association of India
  • Cosco
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • San Jose City I Power Corp, Philippines
  • U S Energy Resources
  • Electricity Generating Authority of Thailand
  • Pendopo Energi Batubara - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • MS Steel International - UAE
  • Asia Cement - Taiwan
  • Bayan Resources Tbk. - Indonesia
  • Arutmin Indonesia
  • Bharathi Cement Corporation - India
  • Gujarat Mineral Development Corp Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Interocean Group of Companies - India
  • TRAFIGURA, South Korea
  • Cargill India Pvt Ltd
  • Eastern Energy - Thailand
  • Dalmia Cement Bharat India
  • Star Paper Mills Limited - India
  • Straits Asia Resources Limited - Singapore
  • Trasteel International SA, Italy
  • Asmin Koalindo Tuhup - Indonesia
  • ANZ Bank - Australia
  • Sakthi Sugars Limited - India
  • Marubeni Corporation - India
  • GHCL Limited - India
  • Glencore India Pvt. Ltd
  • Ceylon Electricity Board - Sri Lanka
  • European Bulk Services B.V. - Netherlands
  • Merrill Lynch Bank
  • Krishnapatnam Port Company Ltd. - India
  • GNFC Limited - India
  • TGV SRAAC LIMITED, India
  • Indonesia Power. PT
  • Thai Mozambique Logistica
  • Indian Oil Corporation Limited
  • Africa Commodities Group - South Africa
  • Agrawal Coal Company - India
  • Iligan Light & Power Inc, Philippines
  • Japan Coal Energy Center
  • Heidelberg Cement - Germany
  • Essar Steel Hazira Ltd - India
  • UOB Asia (HK) Ltd
  • SMC Global Power, Philippines
  • Sojitz Corporation - Japan
  • Samtan Co., Ltd - South Korea
  • Merrill Lynch Commodities Europe
  • Australian Commodity Traders Exchange
  • PLN - Indonesia
  • Sical Logistics Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Malco - India
  • Kartika Selabumi Mining - Indonesia
  • Indonesian Coal Mining Association
  • Indian Energy Exchange, India
  • Argus Media - Singapore
  • Posco Energy - South Korea
  • Bukit Makmur.PT - Indonesia
  • Reliance Power - India
  • Bukit Baiduri Energy - Indonesia
  • New Zealand Coal & Carbon
  • Bhoruka Overseas - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Neyveli Lignite Corporation Ltd, - India
  • Billiton Holdings Pty Ltd - Australia
  • Kohat Cement Company Ltd. - Pakistan
  • Borneo Indobara - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • GAC Shipping (India) Pvt Ltd
  • Cement Manufacturers Association - India
  • TANGEDCO India
  • Maruti Cements - India
  • Credit Suisse - India
  • Kobexindo Tractors - Indoneisa
  • Coal Orbis AG
  • Britmindo - Indonesia
  • Goldman Sachs - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • NTPC Limited - India
  • Altura Mining Limited, Indonesia
  • Barasentosa Lestari - Indonesia
  • Coeclerici Indonesia
  • GMR Energy Limited - India
  • SGS (Thailand) Limited
  • ING Bank NV - Singapore
  • Ind-Barath Power Infra Limited - India
  • Maybank - Singapore
  • Economic Council, Georgia
  • South Luzon Thermal Energy Corporation
  • globalCOAL - UK
  • Russian Coal LLC
  • Vale Mozambique
  • Tata Power - India
  • AsiaOL BioFuels Corp., Philippines
  • Indian School of Mines
  • SN Aboitiz Power Inc, Philippines
  • Maersk Broker
  • Romanian Commodities Exchange
  • Antam Resourcindo - Indonesia
  • Savvy Resources Ltd - HongKong
  • Renaissance Capital - South Africa
  • Gupta Coal India Ltd
  • Central Electricity Authority - India
  • Sinarmas Energy and Mining - Indonesia
  • Latin American Coal - Colombia
  • Mitsui
  • Petron Corporation, Philippines
  • Bank of China, Malaysia
  • Meenaskhi Energy Private Limited - India
  • KPCL - India
  • Formosa Plastics Group - Taiwan
  • IMC Shipping - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • Freeport Indonesia
  • The University of Queensland
  • Total Coal South Africa
  • Planning Commission, India
  • BNP Paribas - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Ernst & Young Pvt. Ltd.
  • Coaltrans Conferences
  • Tamil Nadu electricity Board
  • Shree Cement - India
  • Chettinad Cement Corporation Ltd - India
  • UBS Singapore
  • Indika Energy - Indonesia
  • KEPCO - South Korea
  • APGENCO India
  • Larsen & Toubro Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Coal India Limited
  • Gujarat Sidhee Cement - India
  • Xstrata Coal
  • Uttam Galva Steels Limited - India
  • OCBC - Singapore
  • Edison Trading Spa - Italy
  • Ministry of Mines - Canada
  • NALCO India
  • Moodys - Singapore
  • Ince & co LLP
  • ACC Limited - India
  • Petrosea - Indonesia
  • PTC India Limited - India
  • Karaikal Port Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • The Treasury - Australian Government
  • LBH Netherlands Bv - Netherlands
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • WorleyParsons
  • TNPL - India
  • HSBC - Hong Kong
  • Malabar Cements Ltd - India
  • CNBM International Corporation - China
  • Arch Coal - USA
  • J M Baxi & Co - India
  • Indo Tambangraya Megah - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Grasim Industreis Ltd - India
  • PLN Batubara - Indonesia
  • ETA - Dubai
  • IHS Mccloskey Coal Group - USA
  • Energy Development Corp, Philippines
  • Bank of America
  • Mechel - Russia
  • IBC Asia (S) Pte Ltd
  • GN Power Mariveles Coal Plant, Philippines
  • Orica Australia Pty. Ltd.
  • Pinang Coal Indonesia
  • Price Waterhouse Coopers - Russia
  • Eastern Coal Council - USA
  • The State Trading Corporation of India Ltd
  • Mercuria Energy - Indonesia
  • Samsung - South Korea
  • Riau Bara Harum - Indonesia
  • Noble Europe Ltd - UK