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


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

Wednesday, 26 January 22
MARKET INSIGHT - INTERMODAL
While it is logical that most of the S&P reports of the first weeks of the year are linked to very limited activity as reflected in the weekly ...


Wednesday, 26 January 22
INDONESIA: DME PROJECT IS ECONOMICALLY VIABLE AS STUDY DEMONSTRATES
The government is encouraging downstream coal processing or increase in coal added value, for example by turning coal into Dimethyl Ether (DME) to ...


Wednesday, 26 January 22
COMMODITY PRICES COULD SOAR IF THE RUSSIA-UKRAINE CRISIS ESCALATES - ING
It appears that a number of commodity markets are starting to at least price in some geopolitical risk around the growing tension between Russia an ...


Wednesday, 26 January 22
INDONESIA'S COAL BAN SENDS PRICES SOARING, OTHER EXPORTERS FAIL TO STEP UP - REUTERS
Indonesia’s short-lived ban on exporting coal has sent ructions through the seaborne market for the fuel in Asia, with the fallout likely to ...


Friday, 21 January 22
CHINA'S POWER TRADING TARIFFS TO RISE IN 2022 - FITCH RATINGS
Rising trading volume and higher-than-benchmark tariffs in the 2022 bilateral contracts signed between Chinese power generation companies (gencos) ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6503
News by Category
Popular News
 
Total Members : 27,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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