COALspot.com keeps you connected across the coal world
  • OCTOBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 51.00 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

Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...


Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...


Wednesday, 14 October 20
MARKET INSIGHT - INTERMODAL
The tanker market has experienced severe freight rate and asset value declines over the past 5 months. A potential market upturn may arise in the c ...


Friday, 09 October 20
INDIA'S COAL IMPORTS IMPROVE SOMEWHAT, BUT RECOVERY IS UNEVEN - REUTERS
India’s coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick – shipmen ...


Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
China's coal imports boomed in 2019,  surprising many who had expected the government would clamp down strictly on shipments.   ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6115
News by Category
Popular News
 
Total Members : 27,131
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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