COALspot.com keeps you connected across the coal world
  • JANAURY 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 75.84 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE


COALspot.com - Indonesia shipped 28.27 Million tons of coal  in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, Indonesian coal industry sources said.

Indonesian coal producers have shipped  approximately 8.236 million tons of coal to China in June, which was 0.24 percent higher than May 2011 exports. However, Indonesian producers failed to push more coal to India in June.

Indian importers have imported 2.63 percent lesser coal compared to May Imports. India has imported only around  6.20 million tons, which were around 21.95 percent of Indoneisan total coal exports in June. In the meantime, India has imported approximately 36.033 million tons coal, which was slightly lesser than Chinese's imports of 36.071 million tons, during first half this year.

India was the largest Indonesian coal importer since January 2011 until April 2011, until China becomes the largest importer of Indonesian coal since May 2011.

According to the coal minister of India,  India's coal imports may be at 250 million tons per annum by 2016. Coal imports are an unavoidable options for Indian utilities due to non availability of  economically viable coal from domestic mines. However, according to Indian UMPPs, due to Indonesian government regulation that forces all coal producers must sell coal at government declared monthly prices, would cost them at least US$ 30 per ton higher than they previously budgeted.

According to Indian power industry sources opined that  Indian UMPPs ( ultra-mega power project) suddenly caught in between as the concept of UMPP was implemented 4 to 5 years back. The large scale industrial houses in India  have bided and secured UMPP licenses based on the open market prices /long term coal contracts from Indonesian producers (I.e., pre regulated Indonesian market). Now that Indonesian coal reference price mechanism is in place all the UMPP's are seeking Indian government’s assistance in revising the Power Tariff of UMPP.

There are mixed of reactions from Indian mine investors in Indonesia related to government regualtion on coal referance price. Indian power plants are must focus on the fuel security than price advantages out of Indonesian coal mine operations. Mine investments in Indonesia will definitely a good option for power producers of India to secure fuel for their plants, according to an Indian power producer who had invested coal mine in Indonesia. 

Meantime, another investor opined that, more and more of Indian lenders are concerned with the sourcing of coal from Indonesia for their power generating plants after reported backing out of Reliance Power from their proposed 4000 MW UMMP in Krishnapatnam port zone due to higher cost for coal imports from Indonesia.

Indonesia has introduced bench mark pricing mechanism for its coal  since February 2010, and it has implemented for the domestic supplies as well the export market. The pricing was done on the transparent way using four internationally acceptable coal indices to generate monthly Indonesian coal reference prices for about 62 types of coal, including 8 types of bench mark qualities.

The regulation also requires miners to report sales volumes, prices, and buyers every month to the government, allowing it to ensure that the rules are being followed. Violations can lead to revocation of mining permits. The price benchmark aims to prevent firms selling coal to affiliates at low prices to avoid taxes that hurts Indonesia's efforts to collect revenues from its massive commodity exports.

Ministry of Energy and Mineral Resources of Indonesia has set the July 2011 Indonesian Coal Reference Price for thermal coal at US$ 118.24 per ton per ton, which was 0.66 percent lesser than June 2011 price. 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 July 2011.

Indonesian government is currently drafting a new regulation that could ban the export of low-grade coal by January 12, 2014. This is likely to apply to coal below 5100 kilocalories (on air dried basis) in value.

Indonesian large-scale producers were offering bituminous coal of 5,500 kcal/kg NAR at around $ 108 a ton, FOB vessel basis, and the price was almost flat since last week, buyers said.

79.77 percent of total coal exports in June shipped to China, India, South Korea, Japan and Taiwan respectively.

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, 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.



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

Recent News

Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...


Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...


Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions ANZ, Australia’s third largest bank, has decided to s ...


Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.   In spite of being detrimental to environment ...


Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6235
News by Category
Popular News
 
Total Members : 27,305
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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