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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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- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
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