COALspot.com keeps you connected across the coal world
  • JUNE 2022 HBA FOR EXPORTS INCREASED BY 17.51% MOM, 104.36% YTM AND 222.84% YOY
  • JUNE 2022 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 323.91 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

Tuesday, 22 February 22
CHINA'S DAILY OUTPUT OF COAL REBOUNDS TO OVER 12 MLN TONNES - REUTERS
China’s coal output returned to more than 12 million tonnes per day as of Feb. 20, the country’s state planner said on Monday, a level ...


Thursday, 17 February 22
MAJOR INSTITUTIONS PROVIDED OVER $1.5 TRLN TO COAL SECTOR IN 2019-2021, SAYS NGO GROUP - REUTERS
Financial institutions channelled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to November 2021, even ...


Thursday, 17 February 22
APAC THERMAL COAL PRICES TO EASE ON END OF INDONESIA EXPORT BAN - FITCH RATINGS
Fitch Ratings-Shanghai/Singapore-14 February 2022: APAC thermal coal prices are likely to come under pressure in the near term due to seasonally we ...


Tuesday, 15 February 22
IS ANOTHER COAL SHORTAGE CRISIS LOOMING OVER INDIA? - BUSINESS STANDARD
In December last year, the Federation of Indian Mineral Industries (FIMI) shot off a letter to the Prime Minister claiming that the coal crisis was ...


Tuesday, 15 February 22
THERMAL COAL'S RECORD PRICE RUN MAY END UP ITS OWN WORST ENEMY - REUTERS
The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6550
News by Category
Popular News
 
Total Members : 27,851
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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