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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)
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Wednesday, 15 June 11
DRY BULK MARKET WEAKENS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite this time of year traditionally being one of the busiest for the dry bulk market, it seems that in the post-crisis era trade patterns are co ...
Monday, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE
COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1. ...
Sunday, 12 June 11
THE FREIGHT MARKET IS LIKELY TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued to soften this week except for Panamax index. The BDI was down by about 4.77 pct and closed at 1,418 poi ...
Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the ...
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- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
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