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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, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...
Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...
Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy
The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...
Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...
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- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Planning Commission, India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- White Energy Company Limited
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
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