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Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
 COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal in August, a 5.24 percent drop compared to its July exports.
India
Indian buyers have reduced Indonesian coal imports in August 2011 to 5.758 million tons from 6.482 million tons m-o-m.
China
Chinese buyers were returned back to Indonesia after silent about almost first three months of this year but now importing huge quantity of coal since April. Chinese buyers have brought 10.353 million tons of coal in August 2011. Chinese buyers are still aggressive toward conclude the deals from Indonesia for prompt loading as well as October - December loading.
As winter is approaching in China, the demand for power is expected to increases thereby the movement in coal may be witnessed resulting in higher consumption. “Chinese buyers are willing to pay an additional 2 -3 US$ dollars compared to last week”, said a coal miner who is used to export majority of his production to China.
54.31 percent of total coal exports from Indonesia in August goes to fuel hungry countries such as India and China.
HBA
Indonesian government has already successfully implemented monthly coal reference price for its coal. The regulation is expected to be (fully) implemented by 22nd of this month.
"The regulation is likely to increase the price of coal, mainly for all Indian Power Projects using imported coal from Indonesia", Sunil K Kumbhat, an analyst from India commented. Coal producers of Indonesia were asked to comply with the government declared coal price reference price prior to concluding any coal sales agreement with its buyers.
Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 Indonesian Coal Reference Price (HBA) for thermal coal at US$ 116.26 per ton, which is slightly lesser than August 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 - 30 September 2011.
DMO
Indonesian government has increased the domestic market obligation (DMO) allocation to 82.07 million tons of coal for 2012, which is 4 percent higher than 2011 allocations.
The country is planning to produce 332 million tons of coal in 2012, according to the ministerial decree signed on 25 August 2011. Indonesian coal market stakeholders are in opined that, the prices and demands are expected to move stronger in coming months.
Coal Export Ban
In the meantime, Ministry of Energy and Mineral Resources of Indonesia also drafting a law that may ban coal export if calorific value of coal below 5700 kcal/kg on air dried basis by 2014. If the coal producers do not increase the heating energy above 5700 kcal/kg, it will be banned for export market.
However market reaction was against the proposed ban as Indonesian coal mining association disagrees over this. "We oppose it and plead for its postponement,” ICMA’s Executive Director Suhala Supriatna said to press last month.
"If the regulation is implemented, then the impact will be tremendous, because there are more than 150 million tons of coal low calorific value coal that cannot be exported," commented by Chairman of ICMA.
"If the new definition of low grade coal is applied (<5700 kcal/kg adb), it may be reasonable to believe that such a ban may have impact on the Indian power sector as volumes in this grade of coal are expected to rise in the proportion of coal exports to India. Several of the acquisitions made by Indian power generation companies in Indonesia have been in coal blocks that will produce coal of this grade, and a blanket ban on the exports can jeopardize power plant development in India," said Dipesh Dipu, Director of Deloitte Touche Tohmatsu India Pvt. Ltd.
Indonesian coal is being used by consumers around the world. Hence, any new regulations, restrictions, bans will disturb Indo coal consumers and their sourcing plans.
According to market information, Tamil Nadu Newsprint and Papers Ltd. an Indian paper manufacture has recently concluded a contract to buy 160,000 MT of 6000 GAD and 15% TM Indonesian non-coking coal at USD 90.40. The deal was concluded through electronic bidding and delivery of the cargo would be on a delivered basis.
Indian large scales corporate are aggressively investing in coal mines and infrastructure in Australia. Last week, GVK group, India’s leading infrastructure developer, confirmed arrangements for the acquisition of a strategic part of large, high quality coal resource and infrastructure development project in Queensland for US$ 1.26 billion.(cs)
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Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
Sunday, 09 October 11
FREIGHT MARKET ENDED WITH A POSITIVE DIRECTION - VISTAAR
COALspot.com - The market ended with a positive note with all the segments up except for handy size. The biggest gainer was Panamax index up by 11 p ...
Saturday, 08 October 11
INDONESIAN MINER PLANS $167M IPO TO FUEL SUMATRA COAL BOOM - JG
The Jakarta Globe reported that, coal miner Atlas Resources aims to raise as much as Rp 1.5 trillion ($167 million) in an initial public offering to ...
Friday, 07 October 11
MINING REGULATIONS , OBSTACLES AND GROWTH : INDIA VS INDONESIA - SUNIL K KUMBHAT
COALspot.com - The Govt of India has passed long pending Mines & Minerals (Regulation and Development) Bill, 2011, which seeks to replace ...
Friday, 07 October 11
$100M FOR EXPANSION INTO KALIMANTAN MINING: AKR
The Jakarta Globe, one of the leading English news paper in Indonesia reported that, AKR Corporindo, a fuel and chemical distributor, has set aside ...
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Showing 5041 to 5045 news of total 6871 |
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- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Sical Logistics Limited - India
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