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Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011.
China was a largest importer of Indonesian coal in October 2011 and pushed India to quite far. China bought nearly 12.58 million tons of coal from Indonesia last month and India has imported only 3.96 million tons, which is only around 30 percent of Chinese's imports.
40.38 percent of total Indonesian coal exports in October shipped to China.
Indian imports were dropped drastically since last two months, acording to available export data.
"Despite an acute fuel shortage, Indian power producers are refusing to buy expensive coal, leaving coal importers to face big losses as stocks mount up. Coal stock piles at various ports have reached record levels and are estimated to surpass the 11Mt mark", as stated by economic times.
However as reported by business spectator of Australia, "By 2020, when it comes to coal imports, India will be a new China as the largest importer of coal in the world. Coal is set to remain a major energy source alongside oil over the next 25 years on strong Asian demand, an uncertain outlook for nuclear power and despite the popularity of natural gas. Coal will be very competitive for a long time," Richard Jones, deputy executive director of the International Energy Agency (IEA) told AFP in an interview.
"Coal will remain the main energy in many countries, principally China and India," Jones said last week as the IEA published its 25-year outlook, business spectator further said.
“Chinese's interest for Indonesian coal still there, but it is not as last few weeks back", said a trader.
Chinese buyers are dominating Indonesian coal exports since the end of 1st quarter of this year, and the trend will expected to continue and China will be major importer of Indonesian coal for this year, said market players. Chinese buyers are also keen to buy Indonesian high sulphur coal coampre to Indian buyers.
South Korea, Japan and Taiwan have imported 8.96 million tons of coal in October 2011.
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 and COALspot.com disclaims all responsibility or liability. 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.
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Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size.
The BDI was up by 3.26 pct and closed at 1895 poin ...
Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...
Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories.
Insi ...
Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean position ...
Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...
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- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
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