COALspot.com keeps you connected across the coal world
  • OCTOBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 161.63 A TON
  • OCTOBER 2021 HBA FOR EXPORTS INCREASED BY $11.60 MOM, $85.79 YTM AND $110.63 YOY

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, 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.   ...


Thursday, 08 October 20
GLIMMER OF LIGHT FOR COAL, BUT SHORT TERM - FNARENA
Is coal on the rebound? Demand appears stronger and supply reductions have underpinned a tightening market. Certainly, the Newcastle thermal coal p ...


   65 66 67 68 69   
Showing 331 to 335 news of total 6439
News by Category
Popular News
 
Total Members : 27,602
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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