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

Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...


Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...


Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...


Wednesday, 30 June 21
MARKET INSIGHT - INTERMODAL
The strong freight performance since the beginning of year has continued for the dry bulk market with earnings being at the highest level in over a ...


Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's inst ...


   3 4 5 6 7   
Showing 21 to 25 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 ...

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