COALspot.com keeps you connected across the coal world
  • JULY 2021 HBA FOR EXPORTS INCREASED BY $15.02 MOM, $39.51 YTM AND $63.19 YOY
  • JULY 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 115.35 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, 09 July 21
EIA FORECASTS COAL’S GENERATION SHARE IN U.S TO RISE FROM 20% IN 2020 TO 24% THIS YEAR BUT TO FALL TO 22% NEXT YEAR
The July Short-Term Energy Outlook (STEO) of EIA remains subject to heightened levels of uncertainty related to the ongoing economic recovery from ...


Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min. ...


Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...


Thursday, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...


Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.  The Indonesia coal price referenc ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6351
News by Category
Popular News
 
Total Members : 27,491
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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